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Canary Capital seeks SEC approval for ETF holding Pudgy Penguins NFTs, legitimizing crypto in finance.
Canary Capital has filed with the SEC for an ETF that would hold PENGU tokens and Pudgy Penguins NFTs, marking a first for traditional financial markets.
This move has already boosted the Pudgy Penguins NFT collection, with daily sales up 160%.
The ETF aims to track the PENGU token and NFTs, potentially legitimizing cryptocurrencies and NFTs in mainstream finance.
Despite the surge, PENGU token prices dipped slightly, and a new rival meme coin, Meme Index (MEMEX), is also attracting investor interest.
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Canary Capital busca la aprobación de la SEC para ETF que tiene NFTs de Pudgy Penguins, legitimando el cripto en las finanzas.