what's Canary PENGU ETF?
The Canary PENGU ETF is an actively managed exchange-traded fund sponsored by Canary Capital Group LLC, designed to provide capital appreciation through exposure to the Pudgy Penguins ecosystem. It primarily invests in PENGU, the governance and utility token of the Pudgy Penguins project, which powers community decisions, staking rewards, and interactions within the NFT collection's digital universe. The fund allocates approximately 80-95% of its assets to PENGU tokens, enabling investors to gain indirect access to the token's performance without direct custody. Complementing the token holdings, the ETF dedicates 5-15% to Pudgy Penguin non-fungible tokens (NFTs), selected by the sponsor based on factors like rarity, historical value, and liquidity. These NFTs originate from the Pudgy Penguins collection, a prominent Ethereum-based series known for its whimsical penguin avatars and community-driven storytelling. The fund may also hold supporting cryptocurrencies like ETH or SOL for operational purposes, such as transaction fees or liquidity management. As a bridge between traditional finance and Web3, the ETF aims to offer a regulated vehicle for institutional and retail investors to participate in meme-inspired crypto assets. Shares trade on exchanges like CBOE, subject to SEC approval, with the sponsor handling custody, valuation, and rebalancing to mitigate risks like volatility and illiquidity in NFT markets.
Canary PENGU ETF hosted a Jan 14, 2026 webinar on crypto markets, macro, and ETPs.
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x.com/canaryfundsAdded 329,970 XRP in net inflows on February 13, 2026.
Filed S-1 Amendment with SEC for Spot Staking ETF, changing name to "Canary Staked SUI ETF". Launched SUIS, a spot SUI ETF with staking, alongside Grayscale on February 18, 2026.
Hosts a 2026 outlook webinar on January 14, 2026 at 1:30 PM EST covering crypto markets, macro, and crypto ETPs.
Canary Capital submitted an ETF application to the SEC for Canary PENGU ETF.
Completed the Giga upgrade achieving tested performance of over 200,000 transactions per second with sub-400ms finality.
Reached 100 million blocks processed, 4 billion transactions, and 80 million addresses on the network.
Launched native USDC with Circle's Cross-Chain Transfer Protocol v2 integration.
Integrated PayPal's PYUSD stablecoin via LayerZero cross-chain protocol.
Binance became a network validator and added exchange listings for the token.
Selected for Wyoming's state-backed stablecoin pilot program.
SEC filings for Sei ETFs include Canary and 21Shares as issuers.
Canary Capital debuts XRP ETF alongside Grayscale, REX Shares, and 21Shares who launched their XRP ETF with ticker TOXR on CBOE exchange.
Canary Funds filed an updated amendment for the Staked SEI ETF with the SEC, advancing the review process following the Xiaomi and Sei partnership announcement.
Filed an updated S-1 registration statement with the SEC for its staked $SEI ETF.
Canary Capital filed for a Sei ETF, expanding its crypto ETF portfolio beyond the previously approved Solana and XRP products.
The HBAR ETF goes live on Vanguard brokerage platform.
424B3 filing with SEC makes Solana ETF registration effective, with symbol $SOLC updated from Cboe to Nasdaq Exchange.
Canary tokenized its HBAR ETF directly on the Hedera blockchain.
Fidelity and Canary Solana ETFs launch on NYSE/NASDAQ, with all 5 U.S. Solana ETFs reaching $420.4M total net inflows.
SOLC Solana ETF launches with Marinade staking included in the product.
Canary Funds launches Solana ETF SOLC on November 19, partnering with Marinade Finance for on-chain staking capabilities.
Fidelity Solana ETF receives SEC and NYSE Arca approval for listing and registration.
Solana ETF $SOLC receives Nasdaq approval and launches tomorrow at market open, with Marinade Finance handling staking operations.
NYSE Arca approves listing and registration of Canary Funds' Solana Marinade ETF under the Securities Exchange Act of 1934, completing the final step before trading begins.
XRP ETF launches with $245 million in first-day inflows and $58 million in trading volume, representing the biggest ETF launch of 2025.
DTCC adds Canary's Staked SEI ETF to active/pre-launch list, representing a major step in the ETF approval process.
Canary filed for MOG ETF.
XRP ETF is officially effective as of 5:30 PM ET following Nasdaq certification, with $XRPC cleared for launch at tomorrow's market open.
Canary Funds filed Form 8-A for its XRP ETF, set to launch tomorrow.
Form 8-A filed for XRP spot ETF, set to go effective Wednesday 5:30 PM ET after Nasdaq certification, with launch scheduled Thursday at market open.
DTCC lists Canary's spot XRP ETF under pre-launch category with expected launch next week.
SEC decision deadline for spot XRP ETF applications including Canary Capital's is set for November 13.
XRP ETFs from Canary Capital and four other issuers are listed on the DTCC platform for clearing and settlement.
PENGU representatives attended back-to-back Wall Street events: NYSE for BSOL and Nasdaq market closing ceremony for the HBAR ETF listing.
Canary filed for a SEI (Sei Network) ETF with the SEC, one of three total SEI ETF filings including 21Shares.
Canary submits updated S-1 filing for SOL spot ETF with proposed 0.5% expense ratio.
The HBAR ETF and Litecoin ETF recorded zero net inflows or outflows on their October 28 debut trading day.
Canary files an amendment to its S-1 form for the Canary Marinade Solana ETF.
LTC and HBAR spot ETFs successfully launch with BitGo serving as qualified custodian for the funds.
Canary Funds successfully launches spot ETFs for Litecoin ($LTCC) and Hedera ($HBR), providing regulated institutional access to both cryptocurrencies.
Canary Capital's LTC and HBAR ETFs launch today on NYSE Arca.
SEC guidance letter from division of corporate finance, specifically question 11 of 22 in Q&A format, serves as the legal basis enabling Canary Funds and other entities to proceed with spot altcoin ETF filings for Solana, Litecoin and HBAR expected this week.
NYSE Arca certifies the listing and registration of Canary $HBAR and $LTC ETFs, set to launch tomorrow according to Eric Balchunas.
Spot HBAR and LTC ETFs start trading on NASDAQ tomorrow after regulatory filings became effective, with NYSE certifying 8-A filings as the final step before shares begin trading.
8-A forms filed with SEC for LTC and HBAR ETF listing on Nasdaq Exchange, positioned next behind Solana ETFs with listing events expected in coming weeks.
Prospectus filing updated for Litecoin ETF with SEC final approval decision expected in first week of October.
DTCC-listed altcoin ETFs from Fidelity and Canary Funds are causing crypto market movement amid SEC delays.
Staked ETF enters SEC formal review process in USA.
Marinade Finance implements tokenomics update with 50% buyback rate ($5M annually) and 25M MNDE voter rewards, while maintaining $2B+ TVL.
S-1 registration filed with SEC for staked INJ ETF product.
CBOE and Canary Funds file amended 19b-4 for ETF product.
SEC filing submitted for new CRO-based ETF product.
Joint regulatory initiative with VanEck and 21Shares pushes SEC for ETF approval process reform.
SEC delays decision on spot LTC ETF application.