The mainstreaming of meme coins
President Donald Trump drew scrutiny after he and First Lady Melania Trump launched namesake meme coins ahead of his inauguration, triggering a speculative boom and bust. But one exchange-traded fund firm wants to take the meme coins mainstream. We’ll get into the potential risks of incorporating volatile crypto tokens like these into traditional financial markets. And, a public service announcement: It’s OK to take a break from the news. Plus, guest host Matt Levin tells us about a new potential water source for the thirsty American West. Here’s everything we talked about today: “Trump Memecoin Frenzy Spawns ETF Bid in Test of SEC Boundaries” from Bloomberg “Sign up for The Logoff newsletter” from Vox “Scientists just found 21 trillion gallons of water north of the Calif. border” from SF Gate “Musk undercuts Trump on Stargate AI investment announcement” from CNBC We love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.