KEY POINTS
- Canary noted the $PENGU token's utility within the community
- $PENGU is one of the fastest-rising memecoins, having toppled $BRETT and $FLOKI in its early days
- Some crypto experts and observers don't think a $PENGU ETF will get as much interest as $BTC ETFs
Rising asset management firm Canary Capital on Thursday submitted a filing to the U.S. Securities and Exchange Commission (SEC) to list a PENGU exchange-traded fund (ETF), making it the first-ever ETF holding the meme coin.
