Close Menu
Cryprovideos
    What's Hot

    BlackRock and Constancy Pour Over $500M Into Bitcoin in One Day

    June 25, 2025

    Finest Crypto to Purchase Now: 3 Undervalued Meme Cash with Excessive Upside Potential

    June 25, 2025

    Stablecoins Strategy $250 Billion, Anchoring 8% Of International Crypto

    June 25, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»Canary Capital Seeks SEC Approval for ETF Holding PENGU and Pudgy Penguins NFTs – Decrypt
    Canary Capital Seeks SEC Approval for ETF Holding PENGU and Pudgy Penguins NFTs – Decrypt
    Crypto News

    Canary Capital Seeks SEC Approval for ETF Holding PENGU and Pudgy Penguins NFTs – Decrypt

    By Crypto EditorMarch 23, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Canary Capital Seeks SEC Approval for ETF Holding PENGU and Pudgy Penguins NFTs – Decrypt

    Crypto asset managers proceed to guess large on altcoins, with the most recent exchange-traded fund issuer, Canary Capital, searching for regulatory approval to checklist a fund monitoring Pudgy Penguins (PENGU).

    Nashville, Tennessee-based Canary Capital on Thursday filed an S-1 type searching for approval from the U.S. Securities and Trade Fee for its Canary PENGU ETF—a fund that can maintain each the token in query and NFTs from the outstanding Ethereum NFT assortment.

    PENGU is the Solana-based token of the Pudgy Penguins NFT mission. The token launched in January, capturing up in worth earlier than crashing arduous alongside most different meme cash. It is now priced 90% under the excessive of $0.068 it touched following its launch, CoinGecko information reveals. 

    The token noticed a short-lived worth spike Thursday following the announcement, however has since misplaced that momentum and is down by 2% on the day. PENGU is the 161st most dear cryptocurrency by market cap, as of this writing.

    Demand for smaller cash and tokens is pushing asset managers to file purposes with the SEC—a byproduct of the extra crypto-friendly insurance policies of U.S. President Donald Trump. 

    Pudgy Penguins CEO Luca Netz informed Decrypt that the mission was “excited to be part of crypto historical past with the primary NFT and coin submitting.”

    ETFs are well-liked funding automobiles that commerce on inventory exchanges and provides buyers publicity to an underlying asset. The SEC gave the inexperienced gentle to Bitcoin ETFs final yr, resulting in a flood of capital into the area. 

    Then, in July, Ethereum ETFs began buying and selling after the regulator quietly accredited the merchandise. The funds have not been as profitable as their Bitcoin counterparts, however demand for crypto-focused merchandise in conventional monetary types has been sturdy. 

    Canary Capital, VanEck, 21Shares and Bitwise, are amongst these attempting to get ETFs monitoring cash similar to XRP, Solana, and Litecoin, amongst others, available on the market for U.S. buyers.

    Edited by James Rubin and Andrew Hayward

    Day by day Debrief Publication

    Begin day by day with the highest information tales proper now, plus authentic options, a podcast, movies and extra.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Finest Crypto to Purchase Now: 3 Undervalued Meme Cash with Excessive Upside Potential

    June 25, 2025

    Stablecoins Strategy $250 Billion, Anchoring 8% Of International Crypto

    June 25, 2025

    Turkey Tightens Grip On Crypto To Foil Cash Launderers

    June 25, 2025

    Change in US crypto legal guidelines might have an effect on prices in Do Kwon’s prison case

    June 25, 2025
    Latest Posts

    BlackRock and Constancy Pour Over $500M Into Bitcoin in One Day

    June 25, 2025

    UK Bitcoin Reserve Firm Buys Extra BTC, Inventory Continues to Rise – Decrypt

    June 25, 2025

    Iran’s Position Questioned in Greatest Bitcoin Hashrate Drop in Years – Bitbo

    June 25, 2025

    US dwelling mortgage regulator considers Bitcoin amid housing disaster

    June 25, 2025

    Tether CEO Goals for Prime Spot in Bitcoin Mining by 2025 – Bitbo

    June 25, 2025

    Bitcoin ETF Inflows Hit $2.2B as Market Calms After Ceasefire

    June 25, 2025

    Taproot Property brings stablecoin to Bitcoin Lightning Community

    June 25, 2025

    Inexperienced Minerals Plans $1.2 Billion Bitcoin Treasury To Hedge In opposition to Fiat Threat

    June 25, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Trump-Backed Crypto Venture Raises $550 Million — However Who Actually Earnings?

    March 18, 2025

    May Bitcoin Attain $110k? Does New DeFi Coin Elluminex Have The Identical Potential? | Stay Bitcoin Information

    January 17, 2025

    X and Polymarket associate as much as deliver decentralized prediction markets to social media

    June 7, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.