Solana and Pudgy Penguins ETF Filings Push Crypto Funds Closer to SEC Decision

  • Two new ETF proposals have entered the spotlight this week, bringing the U.S. Securities and Exchange Commission (SEC) one step closer to potentially approving a broader range of cryptocurrency investment products. A proposed Solana exchange-traded fund (ETF) by Invesco Galaxy and an unusual fund linked to Pudgy Penguins tokens by Canary Capital are the latest additions to the SEC's growing crypto-related to-do list.