The SEC acknowledged the Canary Spot PENGU ETF filing on the 10th of July, and Pudgy Penguins went vertical. pumped over 30% in 24 hours, breaking out with massive volume and a new wave of attention. It’s ETF season for the penguins.
With PENGU now tied to NFTs via a potential ETF, the line between degens and TradFi is blurring fast. Pudgy Penguins just pulled off what no other meme coin has—merging cultural relevance with regulatory recognition.
Pudgy ETF Acknowledged: PENGU Pumps +30% Meme Coins Hit TradFi Milestone
PENGU has just become the first meme coin with real NFT integration to enter the ETF scene. On the 10th of July, 2025, the SEC acknowledged a 19b-4 filing submitted by CBOE on behalf of Canary Capital. Signaling a major TradFi crossover.
The proposed ETF, called the Canary Spot PENGU ETF, plans to hold 80-95 PENGU tokens, 5-15% Pudgy Penguins NFTs, plus ETH/SOL for operational use. That combo sparked massive excitement, sending PENGU’s price flying over 30% in 24 hours to the current level of ~$0.0192 with a market capitalization of $1.2 billion.
NEWS: $PENGU is up by more than 30% after the SEC acknowledged the filing for Canary's spot PENGU ETF. pic.twitter.com/0Kgk7zEiah
— Crypto Virtuos (@CryptoVirtuos) July 10, 2025
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The market didn’t just react to that news – it exploded. Trading volume went over $1 billion in 24 hours, and open interest surged 52% to $278 million, showing serious momentum. Since its December 2024 launch, PENGU has been a staple of Solana’s meme economy.
But this ETF filing is on another league of its own. It is next-level validation. While the SEC hasn’t approved anything yet, just the acknowledgment is enough to put PENGU in the big payers bracket. PENGU also went live on the Hyperliquid spot. Another great milestone.
$PENGU is now live and tradable on @HyperliquidX spot. pic.twitter.com/Vdwau1Q4Pa
— Pudgy Penguins (@pudgypenguins) July 10, 2025
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What makes this ETF unique is the NFT angle. It’s not just crypto but a culture of its own. Pudgy Penguins has already gone viral with toys, merch, and Pudgy World. Now it’s knocking on Wall Street’s door. If the ETF clears, this could reshape how meme coins and NFTs get institutional backing. Until then, all eyes for sure are gonna be on PENGU.
Final Form of Meme Market Madness
Forget fundamental, forget utility, meme coins are on the tip of the wave, and as PENGU is breaking every barrier, another player is rising on the horizon. TOKEN6900 doesn’t care about S&P500, it mocks it.
Birthed from the ashes of SPX6900’s brain-melting run, TOKEN6900 is a full-on detachment from financial reality, and it is proud of it.
Powered by raw nostalgia, 69 energy, and collective meme hysteria, this presale isn’t promising anything… and somehow this is more than most other projects. With 80% of the supply (744 million tokens) available upfront and a hard cap of $5 million, $T6900 is launching at a $6 million market cap.
At just $0.006525 with an end price of $0.007125, $T6900 is built to run. You can trade with ETH, BNB, USDT, and USDC, or via card. Possibilities are endless. So far, the team has raised over $320k.
There are no fake promises on the roadmaps, AI or other bullshits. It is powered by pure vibe liquidity and great old meme culture.
This is peak brain rot turned into capital gold. It’s the lobotomy your portfolio didn’t know it needed.
For the latest updates on the project, connect with the T6900 community on X and Instagram.
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