The U.S. Securities and Exchange Commission (SEC) recently issued a new announcement, announcing an extension of the review period for several crypto ETF products. Among them is the Pudgy Penguins (PENGU) ETF under Canary, which plans to be listed on the Cboe BZX exchange, primarily providing investors with exposure to the Pudgy Penguins NFT ecosystem.

Meanwhile, the actively managed crypto ETF submitted by T. Rowe Price is also under review. This product plans to be listed on NYSE Arca and will adopt a multi-asset active management strategy. Additionally, the CoinDesk Crypto 5 ETF under Grayscale has also received an SEC review extension.

This series of review extensions reflects the cautious attitude of U.S. regulators in advancing the standardization process of crypto financial products. From traditional asset management giants to NFT ecosystem innovations and crypto index tracking, various innovative crypto products are gradually gaining opportunities for compliance review.