🔥 Gate Post Ambassador Exclusive Posting Reward Task Round 4 Is Live!
Not yet a Gate Post Ambassador? Apply now 👉 https://www.gate.com/questionnaire/4937
Join the Ambassador Task and post daily from June 9 to June 15, get your posts rated, and share a $300 prize pool based on your ratings!
🎁 Reward Details:
S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
2 outstanding ambassadors will each receive a $50 trading fee rebate voucher.
A/B-Level Tiered Rewards
Based on the number of posts and their quality, ambassadors will
Bloomberg Analyst: Active ETF for meme coins is expected to launch in 2026.
Gate News bot news, Bloomberg ETF analyst Eric Balchunas recently posted on social media that the industry is set to welcome a large number of actively managed Crypto Assets ETFs, and an active fund focused on memes is likely to emerge in 2026.
This year, the trading volume of memes has surged, especially favored by retail investors, with a total market value exceeding $60 billion. This may encourage ETF issuers to develop products that venture into this emerging crypto assets market.
Balchunas added that once tokens are no longer subject to the Securities Act of 1933, they can be included in actively managed ETFs. He noted that the application for a Dogecoin ETF indicates this situation.
Several ETF issuers, including Grayscale, Bitwise, and 21Shares, have submitted applications for a Dogecoin spot ETF this year.
In addition, Osprey Funds and Rex Shares submitted applications to the U.S. Securities and Exchange Commission (SEC) in January for the Dogecoin, Official Trump (TRUMP), and Bonk (BONK) ETFs.
Source: Cointelegraph