Tuttle Capital Meme Stock Income Blast ETF (MEMY)

The Tuttle Capital Meme Stock Income Blast ETF is an income-oriented fund from Tuttle Capital Management, a firm known for thematic and option-based ETFs. It focuses on meme stocks, the heavily traded companies popular with retail investors on social media.

The fund seeks to generate income by using options strategies, such as writing options, on these volatile stocks, collecting premium that is distributed to shareholders. This approach can limit participation in sharp rallies of the underlying stocks while exposing the fund to their declines.