Roundhill Investments’ “Meme” stock ETF just made a comeback two years after it was shuttered, aimed at providing retail investors with exposure to trending meme stocks.New Actively Managed ETFThe fund made its debut on the NYSE on Wednesday, trading under Roundhill Meme Stock ETF (NYSE:MEME) and the ticker symbol “MEME.” This marks a resurgence of the fund with the same name that was shuttered two years ago, amid flagging investor interest, according to a report by Reuters. See Also: Can Opendoor Be Like T ...

If you needed another sign that the market was getting very frothy, the Roundhill Meme Stock ETF is back in business. Roundhill Investments' exchange-traded fund that seeks to offer exposure to stocks retail traders are hyped up about online is trading again after its predecessor launched in December 2021 and shut down in November 2023. "Meme stocks were a large part of the exuberant sentiment in the 2020-2021 market, ultimately leading to a cyclical peak,†writes Jonathan Krinsky, BTIG's chief market techni ...

A month ago, Opendoor Technologies OPEN -4.12% Chairman Keith Rabois brushed off the idea that shares of the online homebuying company were rising on hype alone. "It's not a meme stock,†Rabois said in an interview with CNBC. One of the country's best-known fund managers would beg to differ. Roundhill Investments resurrected an exchange-traded fund comprised entirely of meme stocks on Wednesday. Opendoor is the top holding. Less than two years after liquidating its original Roundhill Meme Stock ETF MEME +1.4 ...