Floki DAO is poised to make a significant move by proposing a registered exchange-traded product (ETP) focused on memecoins. If approved, this initiative would position Floki alongside Dogecoin as the second memecoin with an ETP. The new ETP aims to provide institutional investors with a structured avenue to gain exposure to the memecoin market. This proposal marks a notable shift as it reflects growing institutional interest in previously speculative assets. Should the vote pass, it could open new doors for investment and liquidity in the memecoin sector. The Floki community is eager to witness the outcome, anticipating a possible reconsideration of how memecoins fit into the broader investment landscape, especially within regulated frameworks.