If they hadn't closed MEME it would be up 50% YTD, prob seeing inflows. That's why they're Lazarus-ing this puppy. That said, it's also a poss sign mkt overheated. That and the fact that a quarter of 2025 ETF launches include leverage, the highest since 2010, and leveraged long ETFs hold a record 122 billion in assets.(Eric Balchunas)