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Historic Launch: $BONK Becomes First Memecoin ETP on Solana

Osprey Funds launched the first $BONK meme coin ETP on Solana, opening new doors for accredited investors.

3 min October 16, 2024

Highlights:

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Osprey Funds launched the first-ever $BONK memecoin ETP on Solana.

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Accredited investors can access $BONK without managing wallets or private keys.

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The Osprey BONK Trust simplifies investing in a popular Solana-based memecoin.

Historic Launch: $BONK Becomes First Memecoin ETP on Solana

Osprey Funds has made history in the crypto space with the launch of the Osprey BONK Trust—the first-ever meme coin ETP. This groundbreaking investment option offers accredited investors an easy way to dive into $BONK, a popular Solana-based meme coin. 

 

With Osprey Funds handling the technical aspects, investors can focus on growth without worrying about wallets or private keys. Following this development, analysts predict a bright future for Bonk.

 

A New Gateway to $BONK for Accredited Investors

 

Meme coins, like $BONK, bring a sense of fun to digital finance. Now, the Osprey BONK Trust provides accredited investors a straightforward way to invest in $BONK, minus the typical tech hurdles.

 

 

To qualify, individual investors must earn over $200,000 annually or $300,000 with a spouse. Investors can also qualify by having a net worth over $1 million. 

 

Licensed brokers and advisers are eligible too. For companies, the minimum requirement is $5 million in liquid assets, or all owners must be accredited.  

 

More About Osprey Funds

 

Osprey’s expertise extends beyond $BONK. The Osprey Solana Trust ($OSOL) offers a secure and easy way to invest in Solana. Investors can access Solana directly through brokerage accounts or include it in their IRAs. 

 

As Osprey Funds expands product offerings, traditional and digital finance move closer together. The Osprey BONK Trust blends the playful nature of meme coins with the reliability of proven investment practices. 

 

With the launch of the Osprey BONK Trust, $BONK became the world’s first meme coin ETP. This development simplifies access to a vibrant market, inviting experienced investors to explore a lighter side of digital currency.

 

 

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