🟢 Breaking: SEC Delays $PENGU ETF Decision
The excitement around $PENGU has been building as traders and NFT enthusiasts awaited a historic ruling. Hopes were high for the first-ever ETF tying PENGU tokens to Pudgy Penguins NFTs — a potential game-changer for hybrid meme/NFT funds.
But today, the SEC hit pause, delaying the Canary Spot PENGU ETF decision until October 12, 2025. The market reacted instantly, with $PENGU
sliding about 11%.
🔑 Why it matters:
If approved ✅ → PENGU could open the door to a new wave of meme/NFT-backed ETFs, bringing mainstream legitimacy and capital inflows.
If rejected ❌ → It risks stalling innovation and setting back similar projects across the space.
All eyes are now on October 12 — a date that could redefine not just PENGU’s future, but the evolution of crypto ETFs as a whole.