Are altcoin ETFs just a marketing ploy? Canary Capital’s PENGU ETF filing controversy

Last Thursday, US-based asset manager Canary Capital filed an application with the Securities and Exchange Commission (SEC) for the Canary PENGU exchange-traded fund (ETF), a fund designed to hold both Pudgy Penguins NFTs and the PENGU token. However, the crypto community is asking if listing ETFs from NFT projects is feasible. According to the filing, […] source: https://www.cryptopolitan.com/canary-capitals-pengu-etf-controversy/