99% of memecoins are cooked but those that get listed as ETFs and pass the clarity act will survive the long game.
$PEPE
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⚡️ JUST IN: U.S. Securities and Exchange Commission filing shows a proposed “Canary Pepe ETF” under a new S-1 registration statement. https://t.co/InvfraBSFt
🚨JUST IN: Canary Capital just filed for a PEPE ETF with the U.S. SEC.
Yes, an ETF for $PEPE.
The idea is simple:
→ buy PEPE like a stock through your brokerage.
It’ll mostly hold $PEPE, with a small (~5%) exposure to Ethereum for fees.
What’s interesting is… they’re not even pretending it’s something serious.
The filing clearly says:
→ this is highly speculative.
→ price depends on hype and internet sentiment.
In short, everyone knows what this is.
Because at this point… Wall Street isn’t avoiding crypto anymore.
So hype doesn’t always mean pump.
But zoom out for a second, we now have:
→ Bitcoin ETFs
→ Ethereum ETFs
→ Dogecoin ETFs
→ and now… PEPE
That’s a huge shift.
Something that started as a meme is now being packaged for traditional investors.
Big question is... how far does this go?
Because at this point… Wall Street isn’t avoiding crypto anymore.
Huge short capture📉 on $PEPE with the wizards 🪄🧙♂️
Thanks frog 🐸 once again.
24H left ⌛️
