Bonk (BONK), a memecoin on the Solana blockchain, has launched its first exchange-traded product (ETP) on the SIX Swiss Exchange in collaboration with Bitcoin Capital. This ETP is fully backed by BONK tokens held in Bitcoin Capital's reserves, offering investors a straightforward method to trade BONK akin to stocks, bypassing the need for crypto-native tools. This development marks the first BONK-backed ETP in Europe, extending the token's accessibility from crypto exchanges to traditional financial markets.