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3h ago

FLOKI Tops $1 Billion After Europe ETP Debut

A new regulated ETP on Sweden’s Spotlight exchange opened broker access to the token, helping drive a weekend surge in price, volume and derivatives positioning.

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FLOKI rallies 28%! - How ETP listing fueled bullish frenzy
floki
Floki soars 23% as valour launches europe’s 1st floki etp

Overview

  • Valour’s Valour Floki (FLOKI) SEK exchange-traded product is now live on Sweden’s Spotlight Stock Market, giving regulated exposure to the token.
  • With the listing, FLOKI is the first BNB Chain project other than BNB to secure an ETP on a European regulated exchange.
  • FLOKI rose about 25% to roughly $0.00011 on Saturday, pushing its market capitalization back above $1 billion for the first time since March.
  • Trading activity accelerated, with daily spot volume jumping roughly 425% to $517 million and derivatives open interest up about 75% to $59.7 million as the taker buy ratio reached 1.05.
  • The launch coincided with BNB hitting fresh highs near $1,185, lifting BNB Chain assets, while the Floki DAO said it allocated over 16 billion tokens to support ETP liquidity and on-chain transparency.