For years, people have tried and failed to create ETF's for memecoins.
But, this changes with Robinhood introduction.
Today, I have created the first ever working ETF for users to build and create any ETF they see fit within the Robinhood ecosystem comprised of tokens & stocks alike across the entire robinhood platform.
This took me all day to build out.
How does it work?
- Firstly go to https://t.co/HFpoYI3bX5
- From here, you can create a basket of ANY memecoin that exists within Robinhood at any given moment whether it be a 5k marketcap coin or
$Cashcat or Coinbase stock.
, it doesn't matter you create any basket you like.
- Every basket is deployed from our treasury wallet and deployed via this one singular wallet. We pay the fees for this, not the user.
- The basket is then deployed onto https://t.co/4aDxbn9kHf and the fees for these coins are routed into stacking a treasury wallet of each of the baskets.
This creates an environment where ANY coin can be paired against any OTHER coin and put into an ETF together where they both hold and store value.
This is officially the first and only ETF launchpad build within Robinhood, you can create any ETF you like and add any branding to it you like.
Once you realise what has been created here, you will understand just how big this will be.
To create a basket head to :
https://t.co/HFpoYI3bX5