SEC’s Crypto Agenda Heats Up: Solana & Pudgy Penguins ETFs Now in the Spotlight
The SEC's crypto desk just got busier—two surprise ETF filings landed on their docket, and they're not your grandma's Bitcoin funds.
Solana's Institutional Moment?
The first filing puts Solana in the ETF ring, a move that could legitimize the 'Ethereum killer' for Wall Street's risk-on crowd. No more hiding in DeFi alleyways—SOL might soon trade next to stodgy oil and gold ETFs.
Pudgy Penguins Waddle Into Finance
Yes, you read that right. The NFT project that survived the bear market now wants an ETF. Because nothing screams 'mature asset class' like cartoon birds trading at 30x earnings (if they had earnings).
The Regulatory Gauntlet
SEC Chair Gary Gensler now faces his least favorite dilemma: approving crypto innovation or protecting investors from... themselves. Meanwhile, TradFi brokers are already practicing how to pronounce 'Pudgy' with a straight face.
One thing's certain—2025 just got more interesting for crypto bulls. And for the SEC's coffee budget.
