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    Home»Crypto News»Meme Index Presale to Skyrocket as SEC Approves New ETFs
    Meme Index Presale to Skyrocket as SEC Approves New ETFs
    Crypto News

    Meme Index Presale to Skyrocket as SEC Approves New ETFs

    By Crypto EditorJanuary 31, 2025No Comments4 Mins Read
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    The Securities and Change Fee (SEC) fast-tracked Bitwise’s utility for the third Bitcoin-Ethereum exchange-traded fund ($BTC-$ETH ETF) within the US.

    The regulator hasn’t but authorized the ETF however would possibly achieve this quickly, which might enable Bitwise purchasers to achieve oblique publicity to the 2 main cryptocurrencies directly.

    Whereas institutional buyers are dipping their toes in crypto via ETFs, the degen neighborhood is discovering conventional funding autos like indexes. Meme Index ($MEMEX) may pioneer this new pattern.

    The place Will the SEC Draw the Line for Altcoin ETFs?

    Bitwise cleared the primary resistance on the trail to its ETF approval – the 19b-4 kind. Now, the issuer awaits the approval of the S-1 kind for the fund to hit the market.

    Earlier this week, Tuttle Capital additionally filed for ten altcoin ETFs, together with meme cash $TRUMP, $MELANIA, and $BONK.

    Bloomberg analyst James Seyffart factors out that ETF issuers are probing the SEC’s boundaries. The SEC has already greenlit Canary Capital’s $LTC ETF, so the query is – the place will regulators draw the road?

    In the meantime, Bitwise believes the brand new pro-crypto administration and launch of latest ETFs will prolong the bull run properly into 2026.

    The speedy development of the $BTC ETF sector is an effective living proof.

    The primary spot $BTC ETFs by BlackRock, Constancy, and Grayscale have been authorized in January 2024. A yr later, there are 12 US $BTC ETFs with whole cumulative inflows of $40.18B.

    Yesterday’s $BTC ETF inflows alone amounted to $588M, with BlackRock’s IBIT ETF main the cost ($321M).

    US $ETH spot ETFs additionally recorded $67.77M inflows yesterday, bringing the overall inflows to $2.73B.

    Meme Index Presale to Skyrocket as SEC Approves New ETFs

    Partly because of the accelerated institutional adoption pushed by ETFs, $BTC rose 143% year-to-date and now trades at $$104K.

    If the SEC have been to approve altcoin ETFs, your complete crypto market would surge as a consequence of added legitimacy and accessibility.

    Meme Index ($MEMEX) Brings Tried and Examined Wall Avenue Instruments to Meme Coin Buying and selling

    Whereas the Wall Avenue guys discover crypto via ETFs, degen merchants faucet into inventory market merchandise like indexes.

    Meme Index ($MEMEX) resolves the 2 major hurdles of meme coin buyers – discovering promising cash and managing danger.

    It introduces 4 meme coin indexes that cater to totally different danger appetites: Titan (the least unstable), Moonshot and MidCap (mid volatility), and Frenzy (high-risk, high-rewards belongings).

    Meme Index presale

    The meme coin market cap amassed $100B. New tokens enter the sector day-after-day, and the leaderboard can change within the bat of a watch. That’s why placing all of your hard-earned cash into one mission isn’t the most effective technique.

    By investing in eight tokens as a substitute of 1, you unfold danger and offset potential losses, thus having fun with greater common returns.

    In the end, $MEMEX proves that conventional finance and crypto can coexist and take a web page or two out of one another’s books.

    Early adopters have already invested $3.1M within the $MEMEX presale and staked 139M tokens at a 718% dynamic APY.

    One token now prices $0.0157183, however the worth will improve in lower than a day. This implies now’s the most effective time to safe your share of $MEMEX earlier than it launches on tier-1 exchanges at the next worth level.

    Past offering entry to Meme Index baskets, the $MEMEX token provides its holders governance rights to steer the mission’s course.

    Crypto’s Coming of Age

    The strains between old-school finance and crypto are blurring.

    The SEC’s warming as much as crypto ETFs – it has already stated sure to $BTC and $ETH, so altcoins and even meme cash could possibly be subsequent. This implies Wall Avenue is lastly taking crypto critically.

    And with tasks like Meme Index, we see degens embracing the tried and examined funding methods.

    All of this implies one factor – there’s no method of stopping the crypto prepare.

    Nevertheless, bear in mind to DYOR earlier than investing in any mission. Even the broader bull run and powerful mission fundamentals don’t assure returns.



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