The post All about BONK’s ETP launch and how it sparked a 9% rally appeared on BitcoinEthereumNews.com.

Journalist Posted: November 30, 2025 The 2025 cycle is turning into a full-on reboot for the memecoin space. Dogecoin [DOGE] kicked things off with its first U.S.-listed ETF (DOJE), which went live on the 18th of September. Now, other assets are starting to follow, showing a clear shift in how the market views memecoins. Most recently, Bitcoin Capital rolled out a Bonk [BONK] ETP on Switzerland’s third-largest stock exchange [SIX], adding another layer of institutional legitimacy and reinforcing confidence in the asset. “The listing is an important step forward for Bonk, demonstrating its progression from meme coin origins to a respected financial asset.” The market’s reaction has been clearly bullish. On the weekly chart, BONK was up 9.24%, at press time, almost double Bitcoin’s [BTC] move. The BONK/BTC ratio was also up 4.57%, printing its first green weekly candle after five straight red weeks that wiped out roughly 30%. From a technical standpoint, that means almost half of BONK’s upside this week is coming from rotational flows, with the rest driven by “BONK-specific” momentum, hinting that the interest is ticking back up. However, the launch of Grayscale’s Dogecoin ETF (GDOG) brings the “risk-reward” profile back into focus. Put simply, GDOG’s performance provides a blueprint, highlighting the risks that persist in the memecoin space. Smart money drives BONK, but memecoin risks persist BONK’s 9% rally this week is being fueled by smart money flows.  AMBCrypto flagged massive 4.1 trillion buy orders, showing a solid bid base that kicked in around the ETP launch. This is a sign that big players were positioning ahead of the move. That said, the BONK launch follows Grayscale’s underwhelming Dogecoin ETF [GDOG] debut in the U.S. four days ago, where first-day trading hit $1.4 million vs. $12 million forecasts, with net inflows of only $2.16 million.…

---

Filed under: News - @ November 29, 2025 9:04 pm