According to Ai 姨 (@ai_9684xtpa), Canary Capital has submitted an application for a TRX spot ETF on April 19, marking TRX as the 13th cryptocurrency to file for a spot ETF following the approval of BTC and ETH ETFs. This indicates an ongoing trend of altcoin ETF applications sparked by the approval of Ethereum's ETF last May. Currently, several cryptocurrencies like SOL, XRP, LTC, and ADA are also in the race for spot ETF approvals.

According to @santimentfeed, the PENGU token is gaining attention in crypto discussions due to Canary Capital's recent filing for an ETF that combines the PENGU token and Pudgy Penguins NFTs. This development is crucial for traders considering the potential impact on PENGU's market liquidity and price volatility.