Bitcoin Capital has just taken a big step for the meme coin world. The company announced the launch of the first regulated exchange-traded product (ETP) for BONK, the popular Solana-based meme coin. The ETP is now live on Switzerland’s SIX Swiss Exchange, one of the biggest and most trusted exchanges in Europe.
This new product gives investors a way to gain exposure to BONK without having to use a crypto exchange. Because it’s regulated under Switzerland’s strict financial rules, both retail and institutional investors can access the meme coin through a familiar, traditional market structure.
Marcel Niederberger, CEO of Bitcoin Capital and FiCAS AG, said Switzerland was chosen because of its strong regulatory environment and the well-established infrastructure at SIX. According to him, these factors make the country an ideal place to launch and grow digital asset ETPs.
This move also follows a rising trend: regulated meme coin products are popping up around the world. The U.S. has already seen Dogecoin ETFs and various leveraged meme coin products. BONK is now joining that club in Europe.
What’s coming next?
Bitcoin Capital plans to expand its BONK lineup in the coming year with more ETPs and structured notes. Under the product’s design, the BONK tokens backing the ETP are locked, which reduces the circulating supply. The company says institutional investors usually make up most of the inflows into its products.
The launch also comes during a period of strong activity in crypto investment products across Europe and the U.S., where several new meme coin ETFs have recently gone live.
After the announcement, BONK briefly outperformed the broader crypto market. Technical indicators even showed the token climbing above key moving averages, with the RSI bouncing out of oversold territory.
