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Home Bitcoin

Pudgy Penguins Rise +160% In Daily NFT Sales After Canary ETF

Digital Pulse by Digital Pulse
March 23, 2025
in Bitcoin
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Pudgy Penguins Rise +160% In Daily NFT Sales After Canary ETF
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The digital asset administration agency Canary Capital has filed an software earlier than the USA Securities and Change Fee (SEC) in search of to launch an trade buying and selling fund (ETF) for $PENGU and Pudgy Penguins non-fungible token assortment. In response to the ETF software, the buying and selling gross sales quantity for Pudgy Penguins NFTs has surged over 160% from the previous day.

Right this moment, $PENGU and Pudgy Penguins NFTs have been included in an ETF submitting by Canary Capital. pic.twitter.com/GaqMsa3zhg

— Igloo (@IglooInc) March 20, 2025

Pudgy Penguins Bounce +160% In Every day NFT Gross sales

Knowledge compiled by CoinGecko.com, an on-chain crypto market aggregator and a non-fungible token explorer, exhibits the Pudgy Penguins non-fungible token assortment has elevated gross sales in the present day. Prior to now 24 hours, the Pudgy Penguins NFT assortment has amassed a buying and selling gross sales quantity of 681 ETH, up 161% from the previous day. The Pudgy Penguins NFT flooring has spiked sharply, rising to over 10 ETH.

Launched in 2021, Pudgy Penguins is a non-fungible token assortment from the digital asset agency Igloo that includes a restricted set of 8,888 digital gadgets hosted on the Ethereum blockchain networks. The Pudgy Penguins NFT workforce just lately launched $PENGU, a meme coin launched on the Solana blockchain with plans to broaden to the Ethereum blockchain community and different ecosystems. Prior to now 24 hours, $PENGU has spiked to $0.0007, up over 10% from the day past.

PENGU_1D_graph_coinmarketcap

The latest spike in Pudgy Penguins NFT flooring and $PENGU is related to yesterday’s ETF filling. On March 20, 2025, Canary Capital tabled an software earlier than the USA Securities and Change Fee, in search of plans to launch an ETF. The digital asset agency sought to discover the Pudgy Penguins governance token, $PENGU, and a group of its NFTs.

Canary Capital Information $PENGU ETF

The submitting outlines that the belief will maintain spot PENGU and Pudgy Penguins NFTs, with further digital belongings like Solans and Ethereum included “as vital or incidental” for transactions involving the fund’s major holdings. If authorized, Canary Capital will turn out to be the primary asset supervisor to file for an exchange-traded fund holding crypto and non-fungible tokens. Canary Capital is a number one crypto fund administration specializing in discounted belongings and risk-adjusted returns.

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