Coin Edition -
- Keith Gill AKA “Roaring Kitty” encouraged to launch a meme-themed ETF.
- Gill’s influence could disrupt the ETF market due to his large following.
- Ethereum ETFs face potential regulatory scrutiny as they gain momentum.
American financial analyst and investor Keith Gill, also known as “Roaring Kitty,” is the ideal candidate to launch an Exchange-Traded Fund (ETF) based on meme cryptocurrencies or meme stocks, according to Nate Geraci, President of the ETF Store.
In an X post, Geraci noted that Gill possesses all the requisite qualities of an ETF issuer. Gill actively manages and holds targeted meme stocks, has demonstrated a strong grasp of marketing strategy, and commands a large audience through his live streams.
Roaring Kitty should launch ETF…Actively managed & holds his targeted meme stocks.Already has marketing figured out (apparently SEC compliant).Can hold weekly livestream w/ 500k+ viewers.Media reports every new holding.Charge whatever fee he wants.No brainer.$PURR https://t.co/y5WRbkc7Hh— Nate Geraci (@NateGeraci) June 10, 2024
Gill’s investment moves are closely followed by over half a million viewers, and the media regularly reports on his holdings. Geraci believes Gill’s popularity would allow him to charge premium fees, further solidifying his suitability as an ETF issuer in the United States.
Gill, also known as “DeepFuckingValue,” recently resurfaced on Reddit after a three-year hiatus, revealing GameStop holdings exceeding $200 million. Some X users speculate that regular posting by Gill could diminish the hype surrounding his investments.
Hype will dry down once he starts posting regularly. There was so much build up coz he came back after 3 yrs.
Geraci also commented on the possibility of Ethereum ETFs, stating that the SEC may soon review S-1 filings submitted by major asset management firms like BlackRock and Fidelity.
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