No way the Canary $PENGU ETF will actually be approved by December, right?
And the market says No.
96.3% on @MyriadMarkets.
Over $5.22M traded… and sentiment is near unanimous.
The case for “Yes” is this:
- ETF speculation has fueled countless surprise approvals before.
- Market demand for novel ETF products keeps growing.
- A sudden SEC shift could flip odds in minutes.
The case for “No” is:
- The SEC has shown zero signs of urgency or public review activity.
- ETF approvals, especially for smaller issuers, often drag for months.
- 95% “No” odds suggest traders are confident this one’s a long shot.
Right now, the market’s verdict is clear: PENGU ain't flying yet.
But on-chain conviction means…
There’s always someone who puts money on the miracle.
Conviction paid on-chain.
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