The digital asset administration agency Canary Capital has filed an utility earlier than the US Securities and Trade Fee (SEC) looking for to launch an alternate buying and selling fund (ETF) for $PENGU and Pudgy Penguins non-fungible token assortment. In response to the ETF utility, the buying and selling gross sales quantity for Pudgy Penguins NFTs has surged over 160% from the previous day.
As we speak, $PENGU and Pudgy Penguins NFTs had been included in an ETF submitting by Canary Capital. pic.twitter.com/GaqMsa3zhg
— Igloo (@IglooInc) March 20, 2025
Pudgy Penguins Soar +160% In Every day NFT Gross sales
Knowledge compiled by CoinGecko.com, an on-chain crypto market aggregator and a non-fungible token explorer, exhibits the Pudgy Penguins non-fungible token assortment has elevated gross sales in the present day. Up to now 24 hours, the Pudgy Penguins NFT assortment has amassed a buying and selling gross sales quantity of 681 ETH, up 161% from the previous day. The Pudgy Penguins NFT flooring has spiked sharply, rising to over 10 ETH.
Launched in 2021, Pudgy Penguins is a non-fungible token assortment from the digital asset agency Igloo that includes a restricted set of 8,888 digital objects hosted on the Ethereum blockchain networks. The Pudgy Penguins NFT workforce just lately launched $PENGU, a meme coin launched on the Solana blockchain with plans to increase to the Ethereum blockchain community and different ecosystems. Up to now 24 hours, $PENGU has spiked to $0.0007, up over 10% from the day past.
The current spike in Pudgy Penguins NFT flooring and $PENGU is related to yesterday’s ETF filling. On March 20, 2025, Canary Capital tabled an utility earlier than the US Securities and Trade Fee, looking for plans to launch an ETF. The digital asset agency sought to discover the Pudgy Penguins governance token, $PENGU, and a group of its NFTs.
Canary Capital Recordsdata $PENGU ETF
The submitting outlines that the belief will maintain spot PENGU and Pudgy Penguins NFTs, with further digital property like Solans and Ethereum included “as essential or incidental” for transactions involving the fund’s main holdings. If accepted, Canary Capital will grow to be the primary asset supervisor to file for an exchange-traded fund holding crypto and non-fungible tokens. Canary Capital is a number one crypto fund administration specializing in discounted property and risk-adjusted returns.
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