In a move that's turning heads in both the crypto and traditional finance worlds, Bitcoin Capital has just launched the first-ever BONK ETP on the SIX Swiss Exchange. This development lets investors get exposure to the BONK ecosystem without diving into the complexities of crypto wallets or exchanges. It's a big step in blending meme culture with mainstream investing, and it's happening right now on one of Europe's top stock exchanges.
What is BONK?
If you're new to meme coins, BONK is a community-driven token built on the Solana blockchain. Starting as a fun, dog-themed meme project, it has grown into something more substantial with real utility and a dedicated following. BONK aims to empower the Solana community, often through airdrops and integrations that boost engagement. Unlike traditional assets, meme coins like BONK thrive on viral trends and community hype, but this ETP listing signals a shift toward legitimacy.
Details of the BONK ETP
The ETP, short for Exchange-Traded Product, works like a stock or ETF, tracking the price of BONK while being fully regulated. Issued by Bitcoin Capital AG, it's 100% physically backed by actual BONK tokens held in secure custody with Coinbase. This means investors can trade it through their regular brokerage accounts in currencies like CHF, USD, or EUR.
Here's a quick rundown of the key specs:
| Feature | Details |
|---|---|
| Ticker | BONK |
| ISIN | CH1473047681 |
| Exchange | SIX Swiss Exchange |
| Management Fee | 1.5% |
| Collateral | 100% physically backed by BONK |
| Custodian | Coinbase Custody International |
| Issue Date | November 27, 2025 |
| Trading Currencies | CHF, USD, EUR |
| Strategy | Passive |
For more in-depth info, check out Bitcoin Capital's product page.
Why This Launch Matters
As Marcel Niederberger, CEO of Bitcoin Capital, put it: "With the Bonk ETP now listed on SIX Swiss Exchange, investing in Bonk has never been easier. Investors don't need crypto expertise; they can trade Bonk just like any other stock. We're making community-driven digital assets accessible to everyone, while meeting high security and regulatory standards."
On the BONK side, Core Contributor Nom added: "Expanding into the European financial markets with this ETP is a large step for BONK. We're excited for the next stage of growth, thanks to the hard work of our partners at Bitcoin Capital."
This isn't just about one token—it's a sign that meme coins are maturing. By listing on SIX, the third-largest exchange in Europe, BONK is bridging the gap between TradFi (traditional finance) and the wild world of digital assets. It opens doors for retail and institutional investors who might have shied away from direct crypto buys due to volatility or tech barriers.
Community Reactions and Next Steps
The announcement has sparked buzz on X, with users calling it a "giant step for the ecosystem" and even joking about "institutional grade memecoin." If you're into meme tokens, this could boost BONK's visibility and liquidity. Keep an eye on how this affects the broader Solana meme scene.
For the full press release, head over to Bitcoin Capital's blog. And remember, as with any investment, do your due diligence—check the disclaimer for risks involved.
This launch could be the start of more meme coins going mainstream. What's your take—will we see DOGE or SHIB ETPs next?