SEC Extends Review Period for PENGU ETF and T. Rowe Price Active Crypto Fund

The U.S. Securities and Exchange Commission extended the review period for the proposed Canary Pudgy Penguins (PENGU) ETF and the T. Rowe Price Active Crypto ETF on Jan. 13, financefeeds reports. The PENGU product is designed to list on Cboe BZX and offer exposure to the Pudgy Penguins NFT ecosystem, while the T. Rowe Price fund targets NYSE Arca as a multi-asset, actively managed crypto ETF. The SEC also opened a public comment process on Grayscale CoinDesk Crypto 5 ETF's options listing proposal.