Floki looking to launch Floki ETP in early 2025

Key Takeaways Floki plans to launch an ETP on SIX Swiss Exchange in early 2025. Community vote strongly supports allocating 16 billion FLOKI for ETP liquidity. Share this article Floki plans to launch an exchange-traded product (ETP) based on its FLOKI token on Switzerland’s SIX Swiss Exchange in early Q1 2025. If approved, this development will make FLOKI the second memecoin to offer an institutional-grade investment vehicle in Europe, following Dogecoin. According to a Dec. 25 statement, the project is working with an asset manager and ETP issuer to create…

Israel to debut Bitcoin mutual funds tracking BlackRock’s IBIT and other indices

Key Takeaways Israel will debut six Bitcoin mutual funds through major fund managers like Meitav and IBI. The mutual funds will track various indices, such as BlackRock’s IBIT and S&P, trading on the Tel Aviv Stock Exchange. Share this article Israeli fund managers are set to debut six Bitcoin mutual funds on December 31 after securing approval from the Israel Securities Authority, according to a local news report. The funds, which will trade on the Tel Aviv Stock Exchange, will track various Bitcoin indices including BlackRock’s IBIT, S&P, and Chicago…