Pudgy Penguins and T. Rowe Push the ETF Boundary
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The Canary PENGU ETF would give investors exposure to the Pudgy Penguins ecosystem, making it one of the most unconventional crypto ETF proposals currently under SEC review. Its progress is being closely watched as a test of whether NFT- and meme-adjacent assets can fit within a regulated ETF framework.
Meanwhile, the T. Rowe Price Active Crypto ETF would be an actively managed fund investing in a diversified basket of digital assets beyond Bitcoin and Ethereum. The proposal reflects growing interest from traditional asset managers in expanding beyond single-asset crypto exposure.
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an etf for pudgy penguins is still wild to read out loud
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Not needed in my eyes.