The SEC acknowledging Canary Capital's ETF application for Pudgy Penguins is significant, potentially making it the first memecoin ETF.
"The Canary Capitals ETF has been acknowledged by the SEC. Yeah. Yeah. I mean, Canary Capital throwing out ETF applications left, right, and center, but yeah, the fact that this is being considered is is wild. The first memecoin ETF is I mean, I wouldn't have thought that. Let's could be it depends who's behind it, but if it is the first memecoin ETF is Pangu. That's crazy."