美国证券交易委员会的金丝雀Pengu ETF的金丝雀资本档案

3月20日，美国金融机构金融机构Capital向美国证券交易委员会（SEC）提交了Canary Pengu ETF的申请

The US financial institution Canary Capital has applied to the US Securities and Exchange Commission (SEC) for an ETF that holds both the Fat Penguin NFT and the $PENGU token, according to the submitted plan, the ETF fund plans to hold 80-95% of the $PENGU tokens and 5-15% of the Pudgy Penguins NFT.

根据提交的计划，美国金融机构的加拿大基金资本已向美国证券交易委员会（SEC）（SEC）申请了持有胖企鹅NFT和$ pengu代币的ETF，根据提交的计划，ETF基金计划持有80-95％的$ PENGU代币和5-15％的Pudgy Penguins NFT。

As soon as this news came out, it sparked widespread discussion within the Fat Penguin community and the broader crypto market. Even Canary's avatar on social media is a Fat Penguin NFT.

一旦这一消息发布，它就引发了胖企鹅社区和更广泛的加密市场的广泛讨论。甚至在社交媒体上的金丝雀的化身也是胖企鹅NFT。

Canary Capital, which was established only six months ago, has submitted multiple applications for altcoin ETFs, but this practice has also raised many questions about how great is the real demand for these altcoin ETFs? Or is this more of a gimmick and marketing trick?

Canary Capital仅在六个月前建立，已向Altcoin ETF提交了多个应用程序，但是这种做法也提出了许多问题，即对这些Altcoin ETF的真正需求有多巨大？还是这更像是一个头和营销技巧？

The news of PENGU ETF caused the price of the currency to rise and then fall, will traditional investors enter the market?

Pengu ETF的消息导致货币价格上涨，然后下跌，传统投资者会进入市场吗？

After the announcement of the Pengu ETF, the price of $PENGU initially surged by nearly 10%, reaching $0.0075, showcasing the market's short-term optimism towards the news. However, as of 7:30 pm on March 21, its price had fallen back to $0.0062, decreasing by 8.63% over 24 hours, indicating that the market's enthusiasm for the news failed to sustain in the long term. Although the inflow of funds increased significantly after the announcement, achieving a 24-hour trading volume of $135 million, the price trend failed to maintain its strength.

Pengu ETF宣布后，Pengu的价格最初飙升了近10％，达到0.0075美元，表明了市场对新闻的短期乐观。但是，截至3月21日下午7:30，其价格已降至0.0062美元，在24小时内下降了8.63％，这表明市场对新闻的热情从长期以来就无法维持。尽管在宣布这一消息后，资金的流入幅度大大增加，达到24小时交易量为1.35亿美元，但价格趋势未能保持其实力。

The Pengu ETF submitted this time has caused some controversial voices within the Fat Penguin community. For example, Fat Penguin community user @beast_ico said that $Pengu ETF might be the most outrageous thing I have seen recently. We don’t even need an ETF for “ghost chains”, let alone a memecoin that is less than 6 months old. If those “Boomers” (traditional investors) are not interested in ETH (let alone SOL), why would they touch something called Pengu?

这次提交的Pengu ETF在胖企鹅社区内引起了一些有争议的声音。例如，Fat Penguin社区用户@BEAST_ICO说，$ Pengu ETF可能是我最近见过的最残酷的事情。我们甚至不需要ETF来进行“幽灵链”，更不用说不到6个月大的成员了。如果那些“婴儿潮一代”（传统投资者）对ETH不感兴趣（更不用说SOL），为什么他们会触摸所谓的Pengu？

But digital artist @Tuteth_ said, "We are really going to die, brothers. I saw the hot discussions about $Pengu and Pudgy Penguin ETF, which is simply rubbish. Some of them are my friends. But you don't even realize that you are contributing to the 'tall poppy syndrome' (envy of successful people and suppression of leaders). Bitcoin was also ridiculed as the stupidest thing in the world. The meaning of staying in this circle is to enjoy these seemingly absurd but ultimately true possibilities because we have witnessed them happen. We have come all the way to today, but when we see this ETF, we say: 'Hey, this is over the line'? Think about it, your own avatar is an animal, and you chat about cryptocurrency with your friends online every day. All of this is absurdity to the extreme - but you just draw a line here, it makes me laugh to death."

但是数字艺术家@Tuteth_说：“兄弟们，我们真的要死了。我看到了关于$ pengu和pudgy企鹅ETF的热门讨论，这只是垃圾。其中一些是我的朋友。但是，您甚至没有意识到，您甚至没有意识到，您甚至对“高大的Poppy综合征”（嫉妒的人和对领导者的嫉妒）所扮演的态度。享受这些看似荒谬的，但最终是真正的可能性，因为我们已经到了今天，但是当我们看到这个ETF时，我们说：

It can be seen that there are differences in the attitude of the Fat Penguin community towards this ETF application. Some opponents believe that this is an absurd hype, while supporters see it as an inevitable step in the evolution of NFT culture.

可以看出，胖企鹅社区对这种ETF应用的态度存在差异。一些反对者认为这是一个荒谬的炒作，而支持者认为这是NFT文化发展的必然步骤。

S-1 filing threshold is low? Canary Capital applies for copycat ETFs one after another

S-1归档阈值很低？金丝雀资本适用于模仿ETFS

PANews once introduced the crypto investment company Canary Capital in October 2024, when it was only established for a month. The founder and CEO of Canary Capital is Steven McClurg, who is also the co-founder ofValkyrie Funds. It is worth mentioning that Justin Sun is also an investor inValkyrie. In October 2021,Valkyrie was approved to launch the first batch of Bitcoin futures ETFs in the United States. StevenMcClurg leftValkyrie Funds in August 2024 and founded the crypto investment company Canary Capital in September. On October 1, Canary Capital announced the launch of the first HBAR trust in the United States. Subsequently, Canary also applied for SUI ETF, ETF tracking the price of Axelar (AXL), Litecoin (LTC) ETF, AXL Trust, Solana ETF, and XRP ETF.

Panews曾于2024年10月介绍了加密投资公司金丝雀Capital，届时仅建立了一个月。 Canary Capital的创始人兼首席执行官是Steven McClurg，他还是Valkyrie Funds的联合创始人。值得一提的是，贾斯汀·孙还是投资者侵犯。 2021年10月，Valkyrie被批准在美国推出第一批比特币期货ETF。 Stevenmcclurg LeftValkyrie资金于2024年8月，并于9月创立了加密投资公司Canary Capital。 10月1日，Canary Capital宣布在美国启动第一届HBAR信托基金。随后，金丝雀还申请了SUI ETF，ETF跟踪Axelar（AXL），Litecoin（LTC）ETF，Axl Trust，Solana ETF和XRP ETF的价格。

Some analysts pointed out that the low cost of submitting S-1 documents may be one of the reasons for the recent large number of applications for altcoin ETFs. According to analyst Jason Chen’s interpretation on March 7, “S-1 is the first step in registering an ETF, and what is the S-1 threshold for submitting an ETF? There are two hard thresholds. First, it needs to be a company registered in the United States that includes asset management and financial businesses. Second, it costs about US$100,000 to pay for the cost of drafting the S-1 document.”

一些分析师指出，提交S-1文档的低成本可能是最近大量Altcoin ETF申请的原因之一。根据分析师Jason Chen在3月7日的解释说：“ S-1是注册ETF的第一步，提交ETF的S-1阈值是什么？有两个硬门槛。首先，它需要是在美国注册的公司，资产管理和金融业务在内，包括第二件事，它的成本约为100,000美元，以支付S-1的成本。

Earlier on March 6, Canary Capital applied to the US SEC to launch an ETF tracking the cross-chain protocol Axel

3月6日早些时候，Canary Capital向美国SEC申请了跟踪跨链协议Axel的ETF