Key Highlights
Bonk (BONK) has been listed as a regulated ETP on the SIX Swiss Exchange through Bitcoin Capital.
The product allows BONK to be traded and settled within a regulated exchange environment.
Switzerland was selected due to its established infrastructure and regulatory clarity for crypto investment products.
BONK remains among the largest meme tokens by market value and is currently trading near $0.0599.
The Solana-based meme token Bonk (BONK) has been listed on the SIX Swiss Exchange through a new exchange-traded product issued by Bitcoin Capital. The listing expands access to cryptocurrency in Europe through regulated securities markets.
Switzerland-based Bitcoin Capital said the country’s regulatory framework and existing infrastructure for crypto-linked products were key factors in selecting the location. Marcel Niederberger, CEO of Bitcoin Capital & FiCAS, said the product is designed to reach institutional and retail investors who operate through traditional broker platforms.
He noted that regulated access has supported participation in the company’s previous digital asset products and helps investors operate within compliance rules.
The issuer expects more BONK-linked financial instruments to be evaluated next year as demand develops and market infrastructure continues to support digital asset-based securities.
Bonk is currently priced near $0.0599 and is trading higher on the day. According to CoinGecko, it ranks as the seventh largest meme cryptocurrency by market value.
Meme token listings increase
The Bonk product is one of several recent attempts to introduce exposure to meme assets into regulated markets. Dogecoin continues to lead the category, supported by a number of new products in the United States, including a DOGE fund and additional ETF approvals for trading on major US exchanges.
Asset manager REX Shares has also filed for a Bonk ETF in the US along with other filings tied to similar tokens.
Bitcoin Capital said institutions remain the primary source of inflows into its digital asset holdings and expects interest in new offerings to align with the broader rollout of token tracking products.
Also read: Most Solana Holders Now at Losses as Market Decline Continues