BitCapital has announced its plans for the launch of the very first BONK ETP on Switzerland’s SIX Exchange. This could boost the utility of the meme coin greatly as the project pursues record growth.
BONK ETP Set to Launch on Swiss Exchange
BitCapital confirmed that it has teamed up with the Bonk.inu team to launch the first ETP for the meme coin. The fund will grant European investors fully regulated exposure to the Solana-native token. Trading would begin on the SIX Swiss Exchange on November 27, 2025.
The product would use real-world assets. The firm says this will help show how it performs in the market without the need to use risky tools. There would be a release of the product’s daily progress. This will include net asset value and others.
The ETP launch comes as more companies start to work with BONK. In September, Sharps Technology decided to change part of its 2 million SOL into BonkSOL. This choice was backed by a financing deal with Cantor Fitzgerald. The goal is to earn returns while increasing liquidity in the meme coin’s ecosystem.
In the same month, Tuttle Capital submitted documents with the SEC for a Bonk Income Blast ETF. This pretty much indicates demand for the meme coin’s products is rising.
BONK Inc. Reports Turnaround Progress
In a recent press release, the managing firm of the meme coin shared good news about its third-quarter earnings. The company made $1.51 million in beverage sales. This is over 1,200% more than last year. They also reported a gross profit in this area after previously losing money.
Management also said that they have finished reviewing their books. They have paid off old debts. They now also have $9 million in cash at the end of the quarter. Jarrett Boon, the firm’s CEO, gave an update on this.
In another development last month, Bonk Holdings Inc. revealed a $32 million buy of BONK. This is its largest purchase of the token to date. The transaction gives the publicly listed firm control of nearly 3% of the coin’s total supply.
Source: https://coingape.com/bonk-gets-major-boost-as-bitcapital-prepares-to-launch-its-first-etp-on-swiss-exchange/
