Well, it looks like BONK, the Solana-based meme coin that’s been making waves on the internet for its sheer randomness, has now broken into the big leagues. Yes, you read that right. A regulated exchange-traded product (ETP) for BONK has just launched on Switzerland’s SIX Swiss Exchange, thanks to the fine folks at Bitcoin Capital. Because, clearly, what the world needed was more ways to invest in a meme coin. 🙄
- Bitcoin Capital has launched the first-ever regulated exchange-traded product (ETP) for BONK, the cryptocurrency that’s been mostly known for, well, being a meme.
- The product will operate under Switzerland’s notoriously strict regulatory framework. Because if you’re going to play with memes, might as well do it with the proper paperwork.
- Bitcoin Capital also plans to expand its BONK offerings, with the ETP structure designed to lock up tokens and reduce circulating supply. Because who doesn’t love a good supply squeeze when you’re talking about a meme coin?
And just like that, BONK has its first regulated ETP in Europe. This is a big moment for the meme coin community, as it means that both institutional and retail investors can now buy into this madness via a traditional financial structure. Because, you know, people in suits have always had a hankering for internet jokes and dog memes.
The ETP allows investors to gain exposure to the cryptocurrency without having to touch the chaos that is crypto exchanges. No need to dust off your crypto wallets, folks; you can now play with memes like a proper grown-up investor. The product is listed on one of Europe’s largest exchanges and, of course, operates under Swiss regulatory oversight. Ah, the Swiss – always finding a way to make things… official.
Marcel Niederberger, CEO of Bitcoin Capital and FiCAS AG, said that Switzerland’s regulatory framework and the SIX Exchange’s infrastructure made the Swiss market the perfect place for launching digital asset ETPs. I mean, who wouldn’t want to launch a product tied to a meme coin in a country renowned for its neutrality and fine chocolate? 🍫
The launch follows in the footsteps of other regulated meme coin products in other markets, including Dogecoin ETFs and leveraged products in the U.S. So, if you were worried that the meme coin era was over… fear not. It’s still going strong and making its way into the mainstream financial world. Lucky us.
What’s next
Bitcoin Capital has big plans for BONK’s future. They’re looking to expand their regulated products referencing BONK, which might include additional ETPs and structured notes. Because why stop at one when you can have a whole portfolio of meme-based financial instruments?
The ETP structure will lock the underlying BONK tokens, which means fewer of them will be floating around in circulation. A classic move in the crypto world – scarcity equals value, or at least that’s what they say in the marketing brochure. Historically, institutional investors have accounted for the majority of inflows in Bitcoin Capital’s products, so expect the suits to be all over this one too. 📈
The launch comes just as meme coins and other digital asset products are seeing a bit of a renaissance in Europe and the United States. Recently, we’ve seen Dogecoin ETFs and other memecoin-related structured products popping up. It’s almost as if the world is finally accepting that digital coins tied to internet jokes are, in fact, legitimate investment vehicles. What a time to be alive.
In the days following the ETP launch, BONK briefly outperformed the broader cryptocurrency market. Technical indicators showed price movements above key moving averages and the Relative Strength Index (RSI) exiting oversold territory. Who knew that a meme coin could have a stronger technical indicator than my bank account? 🤔
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2025-11-28 01:32