According to the report on March 20, Canary has filed an S1 sample to seek permission to launch the ETF fund named PENGU. This is an important milestone in Canary's journey to participate in the financial market with a specialized product, approaching cryptocurrencies.
The filing of the S1 sample shows Canary's determination to expand its presence in the increasingly competitive cryptocurrency financial environment. This ETF fund is not only aimed at diversifying the investment portfolio, but also opens up opportunities for informed investors to fully exploit the potential of cryptocurrencies.
Canary expects this product to create a new impetus, providing high and minimizing risks through investment in digitalized assets. The S1 sample approval process may be lengthy, but this move reflects Canary's long-term strategy to gain the trust of investors and build a strong position in the cryptocurrency market.