Overview

• Roundhill’s meme-focused ETF began trading today under the symbol MEME, reviving a product first launched in 2021 and shuttered about two years later.
• The strategy screens the 200 most-traded U.S. securities, narrows to 30 by highest implied volatility, then selects 13–25 holdings based on social-media momentum.
• Managers plan at least weekly rebalancing to keep pace with fast-moving retail-driven themes.
• Opendoor is the largest weight at launch, with other notable holdings including Plug Power, Bloom Energy, Applied Digital, IonQ, Oklo, NuScale, Cipher Mining, IREN, Hims & Hers, and Joby Aviation.
• Coverage highlights the speculative nature of meme stocks, noting that prices can surge on online buzz and reverse quickly.