US SEC extends review period for PENGU and T.Rowe Price crypto ETFs

The U.S. Securities and Exchange Commission (SEC) has issued an announcement extending the review period for the Canary Pudgy Penguins (PENGU) ETF and the T.Rowe Price actively managed crypto ETF. The PENGU ETF is proposed to be listed on the CboeBZX exchange, offering investment exposure to the Pudgy Penguins NFT ecosystem; the T.Rowe Price ETF is proposed to be listed on NYSE Arca as a multi-asset actively managed crypto ETF. In addition, the SEC has initiated a public comment process regarding the proposal for options listing on the Grayscale CoinDesk Crypto5 ETF.