Canary Capital files for ETF holding PENGU token and NFTs

Over 72% of PENGU holders dump all tokens immediately after launch


Canary Capital has become the first asset manager to deposit a negotiated stock market fund which contains both cryptocurrencies and non-butties.

According to a March 20 depositCanary Capital plans to launch an ETF according to the ecosystem of the grassy penguins, combining the exhibition to the governance token of the project, PEGGU (PEGGU (Promises), as well as a collection of its NFT. It would also be the first ETF side in the United States to directly hold the NFT if they were approved.

The deposit describes that the trust will contain the pingou in cash as well as the NFT of fatty penguins, with additional digital assets as a floor (GROUND) and eth (Ethn) Included “if necessary or accessory” for transactions involving the main assets of the fund.

With this, Canary seeks to rationalize operational needs such as the purchase, sale or transfer of assets within the trust.

Fat penguins have become one of the most recognized NFT collections in space, and it is known for its playful art and strong community presence. Pengu was launched in December as a governance token of the ecosystem, designed to give holders in the management of the project.

Since its launch, Pengu has landed on platforms like RobinhoodBut the price has not resisted – it is currently down more than 90% compared to its top of all time in December. The news of the FNB deposit sparked a brief rally, but the gains disappeared in an hour.

Meanwhile, the deposit adds another Canary notch notch growing list Crypto ETF applications. A few days earlier, the company submitted documents for a ETF Spot linked to SuisThe native token of the Super Layer-1 network.

Last month, Son Etf Litecoin was Registered on the trust and compensation center center Under the LTCC Ticker.

The rhythm of the ETF deposits has resumed overall, especially from the dry began to move his position Under the new mandate of President Donald Trump.

Dozens of Altcoin ETF proposals have struck the regulator’s office in recent weeks, ranging from serious contenders to L1 as Solana (soil) to more speculative choices like Mastiff And even official Trump (ASSET).

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