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Bitcoin News Update: Bonk’s ETP Connects Meme Coins with Mainstream Regulated Markets

Bitcoin News Update: Bonk’s ETP Connects Meme Coins with Mainstream Regulated Markets

Bitget-RWA2025/11/27 21:20
By: Bitget-RWA
- Bonk (BONK) launched a regulated ETP on SIX Swiss Exchange, enabling traditional investors to trade the meme coin via standard brokerage accounts. - Bitcoin Capital's 1:1 BONK-backed ETP leverages Switzerland's regulatory framework to bridge crypto and traditional markets, targeting retail and institutional investors. - The move reflects growing European openness to digital assets, with SIX positioning itself as a crypto innovation hub through regulated meme coin access. - Despite mitigating custody risk

Bonk Memecoin Debuts on SIX Swiss Exchange with New ETP

Bonk (BONK), a memecoin built on the Solana blockchain, has made a notable entrance into mainstream finance by launching an exchange-traded product (ETP) on the SIX Swiss Exchange. This development marks a pivotal moment for the token, signaling its growing acceptance beyond the crypto community.

The ETP, introduced by Swiss investment company Bitcoin Capital, enables investors to gain direct exposure to BONK without the need for digital wallets or specialized crypto platforms. Instead, BONK can now be traded through standard brokerage accounts, reflecting a broader movement toward regulated crypto offerings in traditional financial markets. This trend mirrors recent advancements in the U.S., where alternative cryptocurrency ETFs—such as those for Dogecoin and XRP—have gained popularity.

Bitcoin Capital’s ETP is entirely backed by BONK tokens held in reserve, ensuring that investors receive a one-to-one correlation with the token’s price. The product is designed for both individual and institutional investors, taking advantage of Switzerland’s strong regulatory environment to promote transparency and build trust. Marcel Niederberger, CEO of Bitcoin Capital, highlighted that the ETP streamlines access to BONK, stating that investors can trade the token as easily as any conventional stock. This strategy follows the company’s earlier achievement with the launch of the first actively managed Bitcoin ETP in 2020.

Bonk ETP Launch on SIX Swiss Exchange

The introduction of the ETP underscores Europe’s increasing openness to digital assets, with the SIX Swiss Exchange—Switzerland’s largest stock market—emerging as a central hub for crypto innovation. By listing the ETP, SIX offers a regulated avenue for investors to participate in the memecoin sector, which is often criticized for its volatility and speculative risks. The ETP’s structure also addresses security concerns, as it is governed by the same regulatory standards as traditional financial products, reducing reliance on unregulated crypto exchanges.

This launch comes amid a surge in memecoin-related activity within regulated markets. In the United States, the Rex-Osprey Dogecoin ETF became the first fund to hold DOGE in September, and Grayscale’s spot Dogecoin ETF saw $1.4 million in trading volume on its opening day. Additionally, 21Shares has rolled out a 2x leveraged Dogecoin ETF on Nasdaq, reflecting growing institutional interest in thematic digital assets. Bonk’s arrival in Europe could pave the way for further innovation, with Bitcoin Capital’s Niederberger predicting more regulated BONK-linked products to emerge by 2026.

Despite these advancements, the ETP does not eliminate the inherent risks associated with memecoin investments. BONK remains highly volatile, currently trading near $0.0000097 and encountering resistance at key technical levels. While regulated products like the ETP can address some issues—such as custody and liquidity—investors must still contend with price fluctuations and shifting regulatory dynamics. The token’s recent 1% increase over a 24-hour period highlights its speculative character, with future performance hinging on broader market trends and adoption rates.

For supporters of Bonk, the ETP represents a significant step in transforming the token from a niche crypto project into a recognized financial asset. Its integration with the Solana ecosystem and community-driven initiatives, including philanthropic projects, have contributed to its growing appeal. As Bitcoin Capital and SIX continue to expand their offerings, Bonk’s ETP could serve as a model for other memecoins seeking regulated entry into traditional markets, further bridging the gap between digital assets and conventional finance.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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