Overview

• The Valour Floki (FLOKI) SEK exchange-traded product began trading on Sweden’s Spotlight Stock Market on October 3.
• FLOKI jumped about 25% on October 4 to roughly $0.00011, pushing its market value above $1 billion as trading volume spiked to around $517 million.
• The listing makes Floki the only BNB Chain project besides BNB itself to secure a European ETP.
• The product provides European investors a way to track FLOKI through regulated brokers without setting up crypto wallets or handling custody.
• The launch coincides with BNB notching fresh highs near $1,185 this week and with Floki’s DAO allocating over 16 billion tokens to support ETP liquidity and transparency.