An ETF analyst from Bloomberg has predicted that U.S. investors will soon be able to purchase crypto-based Exchange-Traded Fund (ETF) products that focus specifically on memecoins.

In a post on X dated Saturday (June 7, 2025), Bloomberg ETF analyst Eric Balchunas stated that "the odds of having an actively traded memecoin ETF are very high." He projected that actively managed crypto ETFs will begin to emerge by the end of this year, followed by memecoin-specific ETFs expected to launch in 2026.

"An actively managed memecoin ETF is highly likely to arrive in 2026. The varying performance between coins and the lack of sell-side coverage make this a market well-suited for active strategies. Who knows—it might even create a new star manager," Balchunas wrote.

Balchunas’ comments were in response to a post from the development team behind Vladcoin, a Russia-based memecoin project. They suggested that an actively managed memecoin ETF should exist, featuring a performance-based buy-and-sell strategy.

The Vladcoin team added that such an ETF would be able to "retain promising coins while cutting off underperformers."

This approach clearly contrasts with passive ETFs, which typically provide exposure to a single asset or a fixed portfolio without any dynamic adjustments.

Altcoin ETF Trend in the U.S.

Balchunas also explained that once crypto tokens are excluded from the scope of the Securities Act of 1933, these tokens could be included in active ETFs. One key test case will be the ETF application for Dogecoin (DOGE), which he said "will offer a lot of insight" into future regulatory directions.

Several major ETF issuers like Grayscale, Bitwise, and 21Shares have submitted applications for spot Dogecoin ETFs this year. Additionally, Osprey Funds and Rex Shares have filed ETF applications for DOGE, Official Trump (TRUMP), and Bonk (BONK) with the U.S. Securities and Exchange Commission (SEC) since January.

In February, Balchunas estimated that there is a 75% chance the SEC would approve a spot Dogecoin ETF. However, as of now, the SEC has not yet approved any ETF based on memecoins or other altcoins such as Solana (SOL), XRP, or Litecoin (LTC), despite numerous similar applications filed throughout the year.

Memecoin Market Correction

According to data from CoinMarketCap, the total market capitalization of memecoins currently stands at around US$58 billion. Although they were popular earlier this year, enthusiasm around memecoins has started to decline. Many high-cap memecoins have lost over 70% of their value from peak prices.

For instance, the TRUMP coin, directly linked to former U.S. President Donald Trump, once surged to around US$75 in January 2025, but is now trading at around US$10, a drop of more than 86%. Similar corrections have been seen in Dogecoin (DOGE), which is down approximately 75%, and Shiba Inu (SHIB), which has plunged around 85% from its highest point.