Stocks Rally to Records as ETF that ‘Was Essentially the Peak in the Nasdaq' in '21 Makes Its Return

Group 1 - The Roundhill Meme Stock ETF has resumed trading, indicating a resurgence in retail trader interest in meme stocks [1] - The previous iteration of the ETF launched in December 2021 and was shut down in November 2023, highlighting a cyclical nature in the market [1] - Meme stocks played a significant role in the market exuberance during 2020-2021, contributing to a peak in the Nasdaq before the bear market in 2022 [2] Group 2 - The launch of the Meme ETF on December 8, 2021, is identified as a key indicator of market froth, coinciding with the peak of the Nasdaq [2] - The sentiment surrounding meme stocks is reflective of broader market trends and investor behavior during periods of high volatility [2]