#pepe
$PEPE just got something no meme coin has ever had — an actual ETF filing.
Canary Capital filed an S-1 with the SEC in May for the first spot PEPE ETF in US history. Still in review, approval far from guaranteed. But the filing alone says something — a meme coin just got treated seriously enough for institutional paperwork.
Today PEPE's down about 1.4%, sliding for a sixth straight session as the whole meme coin sector gets squeezed by broader risk-off selling. Nothing PEPE-specific about it.
Holder addresses have still climbed past 550,000 this year. Retail hasn't left, even with price grinding lower.
A coin built on internet humor just crossed paths with formal SEC review. That line moved further than anyone expected.
#Crypto #CryptoNews
$PEPE just got something no meme coin has ever had — an actual ETF filing.
Canary Capital filed an S-1 with the SEC in May for the first spot PEPE ETF in US history. Still in review, approval far from guaranteed. But the filing alone says something — a meme coin just got treated seriously enough for institutional paperwork.
Today PEPE's down about 1.4%, sliding for a sixth straight session as the whole meme coin sector gets squeezed by broader risk-off selling. Nothing PEPE-specific about it.
Holder addresses have still climbed past 550,000 this year. Retail hasn't left, even with price grinding lower.
A coin built on internet humor just crossed paths with formal SEC review. That line moved further than anyone expected.
#Crypto #CryptoNews