#PEPE‏
🚨 PEPE’S ETF STORY HAS NOT BEEN APPROVED — BUT IT IS STILL MOVING
The latest confirmed development is Canary Capital’s October 09 amended S-1 filing for its proposed Canary #PEPE✈ ETF.
$PEPE
The SEC filing says the proposed fund would hold PEPE directly and use a CoinDesk PEPE Benchmark Rate to calculate its value.
But this is the part I would not ignore:
This is still a preliminary registration statement. The ETF is NOT approved, and the filing itself says the securities cannot be sold until the registration becomes effective.
So the real PEPE story today isn't “ETF approved.”
It's another formal step in the proposed ETF process.
That’s the verified development worth watching — without adding hype that the filing doesn't support.
#BinanceWordOfTheDay @Pepecoin