$FLOKI During our recent monthly community AMA, a community member asked how Floki’s ETP will benefit the Floki community and attract new institutional investors.

Our core advisor B (@100bviking) gave the following response:

---

I think that Floki is about to get an ETP, which will make it the second memecoin besides DOGE to have an ETP, which already differentiates it from other memecoins in the space and greatly increases its appeal to institutional players.

Asset managers who set up ETPs will do their own marketing to attract institutional investors, and Floki will also appreciate their efforts.

As for what benefits this brings to the FLOKI community, ETPs are more or less similar to ETFs, but slightly different. You can look at the Bitcoin and Ethereum ETFs to see what benefits they bring to both assets: they ensure better maturity of the assets, make them easily accessible in a regulated manner, and ensure better stability of the assets since they go live. The benefits to Floki should be similar!

This will make the project look more mature and stable, and a product that can be more easily accessed in a regulated manner.

Once the ETP is live, the fact that Floki has an ETP will automatically make us unique among memecoins. Basically, there are only two memecoins that have ETPs: Dogecoin and Floki.

Beyond that, some large institutional players and funds can only buy regulated assets through ETPs or ETFs.

Brokerage firms and large banks will also eventually be able to introduce Floki to their large user base through:

- Wealth management divisions.

- Retail investment platforms.

- Direct trading accounts.

This is not your typical centralized exchange that just lists random shitcoins. It's different. Very different.

The potential this brings to Floki is huge and significant!