The US Securities and Exchange Commission (SEC) has extended its decision deadline on two cryptocurrency exchange-traded funds (ETFs), while opening a comment windowThe US Securities and Exchange Commission (SEC) has extended its decision deadline on two cryptocurrency exchange-traded funds (ETFs), while opening a comment window

SEC Delays PENGU and T. Rowe Crypto ETFs, Grayscale Seeks Options Approval in 2026

2026/01/12 20:10
2 min read

The US Securities and Exchange Commission (SEC) has extended its decision deadline on two cryptocurrency exchange-traded funds (ETFs), while opening a comment window on options tied to a Grayscale multi-asset crypto fund.

The delays affect the Canary Pudgy Penguins (PENGU) ETF and the T. Rowe Price Active Crypto ETF, citing the need for more time to evaluate market structure, investor protection, and concerns about manipulation.

PENGU ETF: A Test for NFT

The Canary Pudgy Penguins (PENGU) ETF seeks exposure to the Pudgy Penguins ecosystem, a prominent non-fungible token (NFT) collection. This proposal is one of the more unconventional crypto-related ETF proposals currently in front of the SEC, testing the agency’s willingness to allow meme and NFT-adjacent exposure in an ETF wrapper.

Source: Finazon

Also Read: SEC’s Crypto Shift: Unprecedented Regulatory Breakthrough in 2026

T. Rowe Price Active Crypto ETF

The T. Rowe Price Active Crypto ETF is an actively managed vehicle that would invest in a diversified basket of digital assets beyond Bitcoin and Ether. This proposal brings a traditional mutual fund brand deeper into multi-asset crypto strategies, offering investors a broader range of digital asset exposure.

Also Read: SEC Signals Major Shift as Crypto Innovation Exemption Nears Release

Grayscale Options Proposal Enters Comment Phase

Alongside the delays, NYSE American filed a proposed rule change to list standardised options on the Grayscale CoinDesk Crypto 5 ETF, a fund tracking an index of five large-cap digital assets: Bitcoin, Ethereum, XRP, Solana, and Cardano. The filing has entered the public comment phase, where market participants can weigh in on whether listing options on the fund is consistent with Exchange Act standards for fair, orderly markets, and protections against fraud and manipulation.

Also Read: Dogecoin Price Targets $0.75 Amid Whale Accumulation and ETF Decision

Market Opportunity
Pudgy Penguins Logo
Pudgy Penguins Price(PENGU)
$0.006141
$0.006141$0.006141
-0.08%
USD
Pudgy Penguins (PENGU) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Propel to Report Q4 and Full Year 2025 Financial Results and Announces Dividend Increase

Propel to Report Q4 and Full Year 2025 Financial Results and Announces Dividend Increase

TORONTO, Feb. 10, 2026 /CNW/ – Propel Holdings Inc. (“Propel”) (TSX: PRL), the fintech facilitating access to credit for underserved consumers, announced today
Share
AI Journal2026/02/11 09:15
CME Group to launch options on XRP and SOL futures

CME Group to launch options on XRP and SOL futures

The post CME Group to launch options on XRP and SOL futures appeared on BitcoinEthereumNews.com. CME Group will offer options based on the derivative markets on Solana (SOL) and XRP. The new markets will open on October 13, after regulatory approval.  CME Group will expand its crypto products with options on the futures markets of Solana (SOL) and XRP. The futures market will start on October 13, after regulatory review and approval.  The options will allow the trading of MicroSol, XRP, and MicroXRP futures, with expiry dates available every business day, monthly, and quarterly. The new products will be added to the existing BTC and ETH options markets. ‘The launch of these options contracts builds on the significant growth and increasing liquidity we have seen across our suite of Solana and XRP futures,’ said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. The options contracts will have two main sizes, tracking the futures contracts. The new market will be suitable for sophisticated institutional traders, as well as active individual traders. The addition of options markets singles out XRP and SOL as liquid enough to offer the potential to bet on a market direction.  The options on futures arrive a few months after the launch of SOL futures. Both SOL and XRP had peak volumes in August, though XRP activity has slowed down in September. XRP and SOL options to tap both institutions and active traders Crypto options are one of the indicators of market attitudes, with XRP and SOL receiving a new way to gauge sentiment. The contracts will be supported by the Cumberland team.  ‘As one of the biggest liquidity providers in the ecosystem, the Cumberland team is excited to support CME Group’s continued expansion of crypto offerings,’ said Roman Makarov, Head of Cumberland Options Trading at DRW. ‘The launch of options on Solana and XRP futures is the latest example of the…
Share
BitcoinEthereumNews2025/09/18 00:56
The Inner Circle acknowledges Catherine B. Murphy as a Pinnacle Professional Member Inner Circle of Excellence

The Inner Circle acknowledges Catherine B. Murphy as a Pinnacle Professional Member Inner Circle of Excellence

PUNTA CANA, Fla., Feb. 10, 2026 /PRNewswire/ — Prominently featured in The Inner Circle, Catherine B. Murphy is acknowledged as a Pinnacle Professional Member Inner
Share
AI Journal2026/02/11 09:45