The #ETF500 initiative is gaining traction, with projections indicating it could reach $100 million in investments by next week. Prominent figures in the trading community, including Mr. Zack Morris, are actively promoting the ETF500, which is associated with several major stocks such as $SPY, $AMC, and $GME. Morris has emphasized the potential for the ETF to grow to $5 billion, urging followers to consider it as a tax-free investment alternative to traditional stocks. He has also criticized the stock market, suggesting a shift towards cryptocurrency and expressing confidence in the ETF's growth despite market fluctuations. The discussions around #ETF500 have sparked interest in the broader trading community, with traders noting a significant rotation towards healthcare and other sectors, as indicated by the performance of various indices.