This Meme Stock ETF Is Back from the Dead Just in Time for Halloween – and Beyond Meat’s 1,000% Surge

Core Insights - The Roundhill Meme Stock ETF (MEME) has been relaunched after being pulled two years ago due to lack of demand, indicating a resurgence in interest for meme stocks [1][2] - The ETF has quickly attracted $32 million in assets shortly after its relaunch, compared to just $2.7 million when it closed previously, highlighting a significant increase in investor interest [2] - MEME's portfolio consists of 21 stocks, with Beyond Meat (BYND) being the largest holding at 10.82%, reflecting the volatility and potential for rapid price movements characteristic of meme stocks [5] Industry Trends - The ETF market remains open to various themes and niches, suggesting that even previously unpopular concepts can gain traction again [1][2] - The active management of MEME allows for quicker repositioning compared to passive index funds, which may appeal to investors looking for dynamic investment strategies [3] - Meme stocks are defined by high trading volumes and price volatility driven by social media momentum rather than traditional analysis, indicating a shift in how stocks can be evaluated and traded [4]