Pudgy Penguins (PENGU) soared to a near six-month high after the US Securities and Exchange Commission (SEC) officially acknowledged the filing for the Canary PENGU exchange-traded fund (ETF). The price experienced a double-digit increase, adding further momentum for the meme coin’s latest bullish rally. PENGU Price Surges As SEC Acknowledges ETF Filing The SEC has become more crypto-friendly this year under President Donald Trump’s administration. Besides Bitcoin and Ethereum, the regulator has yet to approve any altcoin or meme coin ETFs
source: https://beincrypto.com/pengu-price-surge-etf-sec/