Canary Capital files for SEC approval of PENGU ETF, combining NFTs and tokens

Daily top performer — Layer3 (L3)

The S&P 500 is on track to end a four-week losing streak as futures rise, despite inflation concerns and mixed earnings reports. Gold slips 0.19% to $3,042 as a strong USD offsets Fed rate cut signals and Middle East tensions. The Coindesk Indices, which tracks the broader crypto market, down by 2.09%, with Bitcoin and Ether down by 1.56% and 2.72% in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.

Today's top performer is L3, up 65.2% after the launch of Layer3 v3, introducing enhanced rewards and expanded token utility.

Layer3 (L3), founded in 2021, is a protocol that monetizes the internet’s attention economy by establishing a market driven by unique identity and incentive structures. Layer3 is wrapping up Season 3 by the end of March and will launch Layer3 v3, introducing new features, enhanced rewards, and expanded L3 token utility. Participants earn rewards through EVM and Solana-based activities, tracked separately for each ecosystem. The update will refine engagement incentives, including staking, bridge/swap volume, and participation multipliers. Final claim instructions for Season 3 (EVM) and Season 1 (Solana) will be released soon as Layer3 enters its next phase of growth.

Check out the latest prices, charts, and data of L3USDT perp and L3/USDT spot contracts!

Talk of the town

Canary Capital has filed for SEC approval to launch the Canary PENGU ETF, which will hold both Pudgy Penguins NFTs and the Solana-based PENGU token. The move reflects growing demand for altcoin-focused investment products, driven by a more crypto-friendly regulatory environment. While PENGU saw a brief price spike following the announcement, it remains 90% below its all-time high. The filing follows the success of Bitcoin and Ethereum ETFs, with asset managers like VanEck and Bitwise also seeking approval for ETFs tracking other major cryptocurrencies.

Check out the latest prices, charts, and data of PENGUUSDT perp and PENGU/USDT spot contracts!

Bitcoin spot ETF flows

Yesterday, BTC spot ETFs saw a net outflow of $6.4M, with GBTC losing $8M while non-GBTC funds gained $1.6M.

Check out the latest prices, charts, and data of BTCUSDT perp and BTC/USDT spot contracts!

Airdrop to watch

CESS Network, a Layer 1 blockchain for decentralized data storage, has launched a confirmed airdrop. Users can earn CESS Points by completing free tasks, which determine their airdrop allocation. Daily check-ins and quizzes help maximize rewards.