BitCapital plans to launch the first BONK ETP on the SIX exchange in Switzerland, starting trading on November 27.

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BONK-4,37%
SOL-4,48%

BitCapital has announced plans to launch the first BONK ETP on the Swiss SIX exchange and has confirmed its collaboration with the Bonk.inu team. This fund will provide European investors with a fully regulated investment avenue for BONK tokens, with trading set to begin on November 27, 2025, on the Swiss SIX exchange.

The product will use real assets. BitCapital states that this will help demonstrate its performance in the market without using high-risk tools. The product is updated daily, including data such as net asset value.

The launch of this ETP comes at a time when more companies are starting to collaborate with BONK. In September of this year, Sharps Technology decided to exchange a portion of its 2 million SOL holdings for BonkSOL. This move received financing support from Cantor Fitzgerald. The goal is to enhance the liquidity of the Meme coin ecosystem while achieving revenue growth.

In the same month, Tuttle Capital submitted relevant documents for the Bonk Income Blast ETF to the U.S. Securities and Exchange Commission (SEC). It is almost certain that the market demand for Meme coin products is rising.

The management company of BONK, BONK Inc., recently shared positive news for the third quarter. The company's beverage sales reached $1.51 million, an increase of over 1200% compared to the same period last year. Previously, this business had been operating at a loss, but the company has finally achieved a gross profit.

The management also stated that they have completed the account review, repaid all old debts, and held $9 million in cash at the end of the quarter. The company's CEO, Jared Boone, explained: “Over the past nine months, we have made tremendous efforts to align our balance sheet with investor expectations. Today, all of this arduous work has been completed, and by repaying historical debts and clearing the equity structure, we have removed the shackles that hinder our development.” (CoinGape)

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