A meme stock ETF, “MEME,” is launched by Roundhill Investments to tap into the resurgence of meme stock interest. Investors flock to meme stocks in 2025 to find bargains in a pricey market. Opendoor Technologies is the biggest weight in the ETF, surging from under $1 to over $9 this year.

Meme stocks are companies with uncertain financial prospects that gain popularity for inexplicable reasons. Short sellers targeting these stocks can inadvertently boost prices as other investors rush to buy, creating a risky cycle of gains and losses. Well-known meme stocks include Krispy Kreme, GoPro, and Beyond Meat.

GameStop, the original meme stock, saw a massive turnaround in 2021 when investors rallied behind it, led by Keith Gill, aka “Roaring Kitty.” Meme stocks have evolved from a rebellion to a revolution, offering investors a glimpse into the power of online forums and viral investment trends.

Read more at Yahoo Finance: Meme stock resurgence prompts return of central meme investment fund