Overview
- Valour, the ETP arm of DeFi Technologies, launched a SEK-denominated product that gives European investors regulated exposure to FLOKI without direct token custody.
- The debut coincided with BNB hitting a new all-time high above $1,100, a move coverage notes often benefits projects built on the BNB Chain.
- FLOKI saw a modest intraday rise to roughly $0.000088–$0.000089 before easing back near $0.000086.
- Price action remains inside a descending channel, with resistance near $0.000090 and key support around $0.000081, keeping the near-term outlook constrained.
- Valour’s Floki product joins a broader batch of new crypto ETPs on Spotlight, and follows Floki’s recent MiCA-focused steps reported in Europe.