The likelihood of the first memecoin-based exchange-traded funds (ETFs) is growing under new leadership at the US securities regulator, industry watchers told Cointelegraph. Despite the increasing ETF likelihood paired with the massive rally following the launch of President Donald Trump’s Official Trump (TRUMP) memecoin,

Cathie Wood is betting Donald Trump’s regulatory and growth agenda will revive the market for US initial public offerings.

Cathie Wood, the founder of asset management firm Ark Invest, expressed uncertainty about the utility of President Donald Trump’s coin on Wednesday, adding that her company has avoided memecoin investments.

Asset management company Ark Invest offers nine different investment funds, eight of which are available as exchange-traded funds, or ETFs. There are other ETFs with similar specialties. In other words,

While several have criticized President Trump’s memecoin launch, Cathie Wood, CEO of ARK Invest, has come forward to defend $TRUMP.

Investing guru Cathie Wood remains an investor favorite. Although the founder of the ARK Invest family of exchange-traded funds (ETFs) lost to the market in 2024, it was not an even performance.  Where her flagship ARK Innovation ETF (NYSEARCA:ARKK) only gained 12% last year versus the 24% rise by the S&P 500,

Cathie Wood, founder of ARK Investment Management LLC, has expressed her expectation for a revival in the US initial public offerings (IPO) market, propelled by Donald Trump's regulatory and growth agenda.