BONK Gets Regulated Gateway with New ETP Launch on SIX Swiss Exchange

Bitcoin Capital will launch a BONK exchange-traded product (ETP) on the SIX Swiss Exchange on November 27. The product offers direct, regulated exposure to BONK, a memecoin in the Solana ecosystem. It gives investors access through familiar financial channels such as banks and brokers, making BONK available without using crypto exchanges or wallets. 

What Is the BONK ETP?

The BONK ETP is a physically backed exchange-traded product issued by Bitcoin Capital AG. Each share represents real BONK held in institutional-grade custody. Investors can trade it like a traditional security on the SIX Swiss Exchange under the ticker BONK.

Bitcoin Capital states that every unit is backed one-to-one by BONK. The ETP tracks BONK’s market performance and operates without leverage. Daily metrics — including net asset value, token holdings, and cash positions — are published to maintain transparency. The product sits inside a Swiss regulatory framework and follows the same rules that apply to other exchange-listed instruments.

Why the SIX Swiss Exchange Matters

SIX Swiss Exchange is one of Europe’s most reputable regulated markets. Listing the BONK ETP on SIX positions BONK within a traditional financial setting where security standards, compliance controls, and custody requirements are rigorous.

This is important for investors who want BONK exposure without:

• Managing crypto wallets
• Handling private keys
• Relying on offshore trading platforms
• Using decentralized exchanges

SIX also ensures daily liquidity. Market makers support trading with tight spreads, which allows investors to enter and exit positions in a predictable manner.

How the BONK ETP Works

The ETP holds real BONK tokens in secure custody. Each share represents a portion of those tokens.

Key technical details:

• Issuer: Bitcoin Capital AG
• Ticker: BONK
• Management Fee: 1.5%
• Backing: 100% physically backed with BONK
• Issue Date: November 27, 2025
• Custody: Institutional-grade, regulated storage
• Leverage: None

The ETP uses real-world assets — meaning it avoids derivatives or synthetic exposure. This design is meant to show how BONK performs in open markets without additional risk factors. Investors also receive daily reporting on the ETP’s net asset value and holdings.

Why BONK? 

BONK is a memecoin native to the Solana blockchain. It has gained notable community support and has become one of Solana’s most visible assets. Although memecoins are often treated as speculative, they also have active user bases and onchain activity. BONK’s recent growth across DeFi, trading platforms, and integrations has increased institutional curiosity.

The BONK ETP brings the asset into a regulated environment. Instead of managing crypto tools, investors can now hold BONK exposure like any other exchange-listed asset.

Growing Corporate and Institutional Interest in BONK

Several companies and asset managers have already shown interest in BONK or BONK-based products.

Examples include:

• Sharps Technology:
  In September, the firm converted part of its 2 million SOL into BonkSOL. The move was linked to financing support from Cantor Fitzgerald. The goal was to generate returns and increase liquidity in the BONK ecosystem.
• Tuttle Capital:
  The company submitted documents to the U.S. SEC for a Bonk Income Blast ETF. Although still under review, the filing suggests growing demand for BONK-linked instruments.
• Bonk Holdings Inc.:
  Last month, the firm purchased $32 million worth of BONK, its largest acquisition of the token to date. It now controls almost 3% of BONK’s total supply.

BONK Inc. Reports Operational Progress

BONK’s growth is not limited to investment products. BONK Inc., which manages the consumer-facing parts of the brand, reported its third-quarter earnings and financial improvements.

Highlights include:

• $1.51 million in beverage sales, up more than 1,200% from the previous year
• A clear gross profit after earlier losses
• Full resolution of past accounting issues
• Old debts fully paid
• $9 million in cash at the end of the quarter

CEO Jarrett Boon said the company spent nine months cleaning its balance sheet and settling past obligations. 

How the BONK ETP Fits Into Broader Market Trends

Memecoins have become a visible part of the crypto market, especially on Solana. BONK, in particular, has seen growing onchain activity, integrations, and media attention. At the same time, traditional financial firms have been expanding their crypto offerings beyond Bitcoin and Ethereum.

The BONK ETP reflects three linked developments:

1. Institutional interest in broader crypto assets
2. Increased attention on Solana-based tokens
3. Demand for regulated financial products tied to emerging digital assets

While BONK is still recognized as a memecoin, the ETP creates a bridge between its online community and investors who prefer regulated instruments.

Conclusion

Bitcoin Capital’s BONK ETP brings a Solana-based memecoin into a regulated investment setting. It is fully backed by BONK, offers daily transparency, and trades on the SIX Swiss Exchange with institutional-grade custody. 

The launch arrives during a period of rising interest in BONK from companies, asset managers, and publicly listed firms. By placing BONK inside an exchange-listed product, Bitcoin Capital provides a straightforward and regulated way for investors to access a digital asset that has gained traction within the broader crypto market.

Resources:

1. Bonk X platform: https://x.com/bonk_inu

2. About BONK ETP by Bitcoin capital: https://www.bitcoincapital.com/products/bonk

3. Press release  - Bonk, Inc. Reports Q3 Financial Results: Emerges Debt-Free with $9 Million in Cash and 1,200% Revenue Growth: https://www.globenewswire.com/news-release/2025/11/20/3191919/0/en/Bonk-Inc-Reports-Q3-Financial-Results-Emerges-Debt-Free-with-9-Million-in-Cash-and-1-200-Revenue-Growth.html