Bloomberg’s Eric Balchunas forecasts a US-listed memecoin ETF launch by 2026, predicting it will follow the wave of new crypto ETFs expected in winter 2025. His prediction suggests an active management approach with alternative structures potentially bypassing direct memecoin holdings, leveraging regulatory pathways under the 1940 or 1933 Investment Company Acts to ease scrutiny. Balchunas’ view emphasizes growing institutional interest in speculative assets and potential for increased capital inflows, similar to observed trends in Bitcoin and Ethereum ETF launches. He anticipates market dynamics driven by a memecoin ETF including popular memecoins like DOGE and TRUMP. The expected increase in trading volumes and volatility is reminiscent of past successful cryptocurrency ETF launches.