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NFTs Dive into ETFs!

In the US, Canary Capital files for an ETF holding Pudgy Penguins NFTs, marking the first NFT-inclusive ETF in America. This filing spotlights a notable shift in investment strategies, merging traditional finance with digital assets like Pengu, SOL, and ETH. Despite the excitement around new crypto ETFs, many analysts doubt their appeal to conventional investors. Critics, like @krugermacro, suggest these attempts at crypto ETFs may flop, failing to attract substantial investment. Meanwhile, US authorities continue to revisit crypto regulations, hinting at a more crypto-inclined future.
Klaus on Ethereum