Analysis

Crypto Asset Manager Canary Capital Continues ETF Application Spree with New Filing for Pudgy Penguins NFT Fund

Published

10 months ago

March 21, 2025

The Crypto Asset Supervisor Canary Capital has submitted an S-1 registration declaration to the US Securities and Alternate Fee (SEC) for a brand new non-giant token-oriented fund with trade (ETF).

If accredited, the “Canary Pengu ETF” presents buyers publicity to the Pudgy Penguins NFT venture.

The ETF would make investments straight in Pudgy Penguins NFTS and Pengu, the Utility token of the venture, and it will additionally comprise different crypto belongings, similar to Ethereum (ETH) and Solana (SOL), that are “essential or incidental for the acquisition, sale and switch” of the primary two forms of token, per the per the submit.

The brand new S-1 assertion represents the most recent in a spree of latest ETF archives for Canary, which can be attempting to launch Solana” XRP (XRP), Sky (Sui), Litecoin (LTC), Axelar (Axl) and Hedera (Hbar) funds.

The SEC Greenlit The primary spot market Bitcoin (BTC) ETFs in January 2024, which yields billions of {dollars} on the consumption of the digital energetic of the market hairstyles. The supervisor then accredited ETHEREUM (ETH) ETFs for the commerce in July. Two monetary corporations, Franklin Templeton and Hashdex, additionally launched joint BTC ETFs earlier this 12 months.

Pengu acts at $ 0.00655 on the time of writing. The one hundred and sixty fifth rating order Crypto-Activum per market hood has risen by greater than 2.5% within the final 24 hours.

Observe us on X” Facebook And Telegram

Do not miss a beat – Subscribe to get e -mail notifications on to your inbox

Test value promotion

Surf the Every day Hodl -Combine