#ETFWatch The company Canary Capital has applied to the Securities and Exchange Commission for the registration of the Pudgy Penguins PENGU ETF, marking its latest attempt to expand investment opportunities in cryptocurrency through exchange-traded products.

On Thursday, by submitting Form S-1 to the SEC, the crypto investment firm requested the creation of the Canary PENGU ETF, which would primarily hold the PENGU tokens directly. The proposed fund will also maintain positions in other digital assets, including Solana and Ethereum, which are necessary for acquiring and transferring PENGU.#ETFWach