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
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