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The SEC has pushed back its decision on Grayscale’s $PENGU ETF and T. Rowe Price’s multi-asset crypto ETF. Under the 19b-4 review process, the regulator has taken an additional 45 days to continue evaluating both proposals. This doesn’t mean rejection just more time. Delays like this have become routine as the SEC moves cautiously on new crypto-linked products.

JUST IN: SEC Delays PENGU & T. Rowe Price Crypto ETFs The U.S. Securities and Exchange Commission has extended its decision deadline on two crypto ETFs: 1️⃣ Canary PENGU ETF: Would hold both Pudgy Penguins NFTs and PENGU tokens. One of the most unique crypto ETF proposals ever filed. 2️⃣ T. Rowe Price Active Crypto ETF: Actively managed fund covering top 10 crypto assets including BTC, ETH, SOL, XRP, ADA, DOGE, LINK & more. The SEC cited need for more time to evaluate market structure, investor protection, and manipulation concerns. Under the 19b-4 process, both ETFs get an additional 45 days for review. These delays don't mean rejection, just more evaluation time for products beyond standard BTC/ETH exposure. Meanwhile, NYSE American has filed to list options on the Grayscale CoinDesk Crypto 5 ETF (BTC, ETH, XRP, SOL, ADA), now open for public comments.

$PENGU 1 hour $PENGU LTF triangle filling out nicely w/ price pushing against diagonal resistance, primed and ready to go 🐧🚀 $BTC $ETH

Wait… wait… wait… Many of you are asking if $PENGU is done or if this is just another pause before the next big move..... If you look closely at the structure $PENGU is repeating its old behavior.... A sharp pump, a heavy pullback, and now price is holding above support instead of breaking down. That’s an important signal. Right now, price is sitting around a strong demand zone near 0.010 – 0.012. You can clearly see that sellers tried to push it lower, but price is not moving down from support. This usually means selling pressure is getting exhausted. Previously, when PENGU broke out from a similar base, it made a massive move toward 0.038 – 0.040. The structure forming now looks very familiar — a slow base, higher lows, and quiet accumulation. As long as PENGU holds above the 0.010 support, the bigger picture stays bullish. This zone is where buyers are defending aggressively. On the upside, the first resistance is around 0.018 – 0.020. A clean break and hold above this area can open the door for a move toward 0.030 – 0.040 again in the next phase. This is not a panic zone. This is not a chase zone. This is a patience zone, where markets usually prepare for the next expansion. Coins don’t explode from tops they explode from boring, quiet bases like this. Strong hands wait. Weak hands rush.