Pudgy Penguins (PENGU) ETF Rumor Could Send Prices Sky-High: Here’s What to Know

The PENGU ETF story began in mid-2025 when Canary Capital Group filed a proposal to combine PENGU memecoins and Pudgy Penguins NFTs into one fund  a first of its kind. The idea quickly gained attention, but the U.S. SEC took a cautious approach. It postponed its decision several times to study the ETF’s unusual structure