Crypto hedge fund Stratos bought Dogwifhat (WIF) when it was just 1 cent and has since continued investing in meme coins. We spoke with Rennick Palley, founder of Stratos, to hear the firm’s perspective on investing in these tokens.

Stratos has invested in Pepe, Costco Hot Dog, and many more with this the hedge fund has outperformed the market. As a result, Palley believes it is inevitable that more hedge funds will start to invest in meme coins. After that, the next natural step… a meme coin exchange traded fund (ETF).