Bonk Inu (BONK), the favored Solana-based dog-themed meme coin, has not too long ago marked a monumental stride inside the international crypto panorama. Notably, the meme token introduced the launch of a BONK exchange-traded product (ETP) within the U.S, rising because the first-ever meme coin to attain this feat. Crypto market lovers speculate whether or not the ETP launch may gasoline a constructive affect on the asset’s value forward.
Bonk Inu Unveils BONK ETP In The U.S.
In line with the most recent Solana Breakpoint, a multi-day occasion for devs and lovers, the Bonk Inu (BONK) group is launching an ETP within the U.S. “This marks the first-ever step in the direction of a BONK ETF,” the announcement added.
The Solana meme coin‘s workforce is working with Osprey Funds, a New York-based firm that helped streamline one of many first Bitcoin ETFs and Solana Belief, to roll out the ETP within the U.S. Notably, the meme token’s group additionally revealed that it’s wanting ahead to launching the ETP by the top of this yr.
In the meantime, the announcement added that the ticker stays the identical, BONK. General, the plans for an upcoming ETP launch have sparked a tidal wave of optimism for the token globally.
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