👀 Wall Street has started studying Fat Penguins, can you believe it?

Canary officially submitted the world's first "Meme + NFT Hybrid Spot ETF" application.

$PENGU + Pudgy Penguins are about to be labeled as legitimate by the SEC.

This isn't just a random stunt by fund managers; TradFi is seriously researching how to engage with meme culture and cultural assets.

The investment structure is laid out clearly:

1️⃣ 80.95% allocated to $PENGU, betting on Meme consensus.

2️⃣ 5.15% allocated to top-tier NFT: Pudgy Penguins.

3️⃣ A small amount of $ETH / $SOL to enhance liquidity.

Here's the key point: NFTs are actively managed and will rotate based on rarity, aesthetics, and market value!

If this gets approved, it will rewrite the historical narrative:

✅ Meme is no longer a joke asset but a brand investment portfolio.

✅ NFT is not just an image but a configurable liquidity cultural asset.

✅ TradFi is no longer resistant; it is starting to pick who is worth investing in.

💬 My opinion:

In the past, we were criticized for using memes to exploit retail investors and manipulate emotions.

Now Wall Street is saying: we also want to allocate some of these assets to try.

If it really gets approved, the next wave won't be about who makes the funniest images, but who resembles an IP the most and who can fit into an ETF. 🧠