Core Insights - Floki (FLOKI) has experienced a nearly 23% price increase in the last 24 hours following the launch of its first exchange-traded product (ETP) in Europe [1] - The Valour Floki SEK ETP was launched on October 3 on Sweden's Spotlight Stock Market, marking Floki as the first BNB Chain ecosystem token to secure an ETP, alongside BNB itself [1] Company Overview - The Valour Floki SEK ETP is developed by Valour, a subsidiary of DeFi Technologies, aimed at both retail and institutional investors seeking exposure to the FLOKI token without direct cryptocurrency holdings [2] - Floki operates on both the Ethereum and BNB chains, featuring an ecosystem that includes a play-to-earn NFT game, a DeFi asset locker, an NFT marketplace, and a crypto education platform [2] Market Context - The launch of the ETP coincides with a resurgence in BNB Chain projects, with BNB reaching a new all-time high of over $1,150 before experiencing a slight correction [3]