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Valour lists FLOKI ETP in Europe – is reversal on horizon?

source-logo  crypto.news 03 October 2025 13:16, UTC
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Valour has listed a $FLOKI ETP on Sweden’s Spotlight Stock Market as $FLOKI price continues to consolidate within a descending channel, awaiting a breakout catalyst.

Summary
  • With this listing, $FLOKI becomes the first and only $BNB Chain project besides $BNB to secure an ETP listing.
  • The launch coincides with $BNB reaching a new $ATH above $1,100, boosting ecosystem sentiment.
  • $FLOKI price remains in a descending channel, capped near $0.00009.

Valour, the ETP arm of DeFi Technologies, has listed Valour Floki ($FLOKI) SEK on Sweden’s Spotlight Stock Market, making $FLOKI available to European retail and institutional investors through a regulated exchange-traded product.

The development makes Floki the first and only $BNB chain project to secure an ETP listing besides $BNB itself. $BNB achieved this in October 2019, when 21Shares launched a $BNB ETP in Switzerland under the ticker A22GRU.

According to Floki’s post on X, this is a bit fit for the memecoin, especially as it coincides with $BNB season. Notably, $BNB itself has just hit a new $ATH, surpassing $1,100 today. Strong price action in $BNB tends to lift the performance of projects built on the $BNB Chain — for example, $CAKE price broke above a key resistance following $BNB’s rally. With $FLOKI now available on a regulated ETP, it could be next in line to capitalize on $BNB’s bullish momentum.

THE FIRST $FLOKI ETP GOES LIVE IN EUROPE

The first $FLOKI ETP is now live in Europe, making Floki the first and only $BNB chain project to secure an ETP listing besides $BNB itself — a big feat, especially as it coincides with $BNB season.

The product, named Valour Floki ($FLOKI)… pic.twitter.com/LkTc1DaIBG

$FLOKI (@$FLOKI) October 3, 2025
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$FLOKI price prediction

Meanwhile, $FLOKI price is yet to show signs of following suit with $BNB and $CAKE. The memecoin continues to trade within a descending channel, marked by lower highs and lower lows since late July. Price action recently bounced from the 0.786 Fib but remains capped by the 20-day SMA around $0.000090.

A breakout above the channel resistance would flip the short-term bias bullish, potentially opening the way for a run toward the $0.00010–$0.00012 zone. Until then, $FLOKI’s structure remains bearish, with risk of further downside if $0.000081 fails to hold.

Valour lists <span class=$FLOKI ETP in Europe - is reversal on horizon? - 1">
Source: TradingView
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