Here’s what happened in crypto today
In today's crypto news, asset manager Canary Capital has filed for regulatory approval to launch an ETF backed by the Pudgy Penguins governance token, PENGU. If approved, this would mark the first U.S. ETF to include NFTs alongside spot PENGU tokens. Meanwhile, Coinbase has reported that it is now the largest node operator on the Ethereum network, controlling 11.42% of all staked Ether, which amounts to approximately $6.8 billion. Lastly, Solana Labs’ CEO Anatoly Yakovenko addressed the backlash from a controversial advertisement that blended political messaging with American patriotism, admitting the ad was inappropriate and acknowledging the mistakes in downplaying the criticism. He emphasized the need for Solana to remain focused on its core mission of open-source development and decentralization, steering clear of cultural conflicts.
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