Here’s what happened in crypto today

Today in crypto, Canary Capital is seeking regulatory approval to list an exchange-traded fund backed by Pudgy Penguins’ governance token. Meanwhile, Coinbase has emerged as the largest node operator on the Ethereum network, and Solana Labs’ founder expressed regret for downplaying backlash over a controversial Solana ad mocking gender identity.
Canary files for PENGU ETF
Asset manager Canary Capital has filed to list an exchange-traded fund (ETF) holding Pengu (PENGU), the governance token of the Pudgy Penguins non-fungible token (NFT) project, US regulatory filings show.
The ETF is the latest in a slew of filings for new US investment products tied to spot cryptocurrencies, including altcoins and memecoins.
According to the filing, the ETF is intended to hold spot PENGU as well as various Pudgy Penguins NFTs. It would be the first US ETF to hold NFTs if approved.
Additionally, “[t]he Trust will also hold other digital assets, such as SOL and ETH, that are necessary or incidental to the purchase, sale and transfer of the Trust’s PENGU and Pudgy Penguins NFTs,” the filing said.
Launched in December, PUDGY has a roughly $438 million market capitalization as of March 20, according to CoinGecko.
Pudgy Penguins is among the most popular NFT brands. Source: Cointelegraph
Coinbase becomes Ethereum’s largest node operator with 11% stake
Crypto exchange Coinbase is the largest node operator on the Ethereum network, controlling 11.42% of the total staked Ether, according to the company’s latest performance report.
Coinbase said it had 3.84 million Ether (ETH), worth about $6.8 billion, staked to its validators. The exchange said that, as of March 3, it has 11.42% of the total staked ETH.
Source: Anthony Sassano
Coinbase also shared that it exceeded its target for validator uptime, which indicates the percentage of time when validators are operational.
Solana CEO breaks silence over controversial ad backlash
Solana Labs CEO Anatoly Yakovenko has broken his silence over the “America Is Back — Time to Accelerate” advertisement, which blended American patriotism and tech innovation with political messaging around gender identity.
“The ad was bad, and it’s still gnawing at my soul,” Yakovenko said in a March 19 X post after receiving immense backlash over the controversial ad.
Source: Anatoly Yakovenko
“I am ashamed I downplayed it instead of just calling it what it is – mean and punching down on a marginalized group.”
Yakovenko praised those in the Solana ecosystem who called out the “mess” that was posted on Solana’s X account, which accumulated around 1.2 million views and 1,300 comments before it was deleted roughly nine hours later.
Yakovenko said he will use the learning experience to ensure Solana stays focused on open-source software development and decentralization while staying “out of cultural wars.”
Bitcoin (BTC) $ 119,266.00
Ethereum (ETH) $ 2,982.92
XRP (XRP) $ 2.84
Tether (USDT) $ 1.00
BNB (BNB) $ 692.58
Solana (SOL) $ 162.11
USDC (USDC) $ 0.999887
Dogecoin (DOGE) $ 0.199402
TRON (TRX) $ 0.301601
Lido Staked Ether (STETH) $ 2,979.68
Cardano (ADA) $ 0.743602
Hyperliquid (HYPE) $ 49.24
Stellar (XLM) $ 0.496837
Wrapped Bitcoin (WBTC) $ 119,108.00
Sui (SUI) $ 3.64
Wrapped stETH (WSTETH) $ 3,606.31
Chainlink (LINK) $ 15.70
Hedera (HBAR) $ 0.246402
Bitcoin Cash (BCH) $ 508.25
Avalanche (AVAX) $ 21.28
LEO Token (LEO) $ 9.04
Wrapped eETH (WEETH) $ 3,194.96
Shiba Inu (SHIB) $ 0.000013
WETH (WETH) $ 2,983.83
Toncoin (TON) $ 2.97
Litecoin (LTC) $ 94.94
USDS (USDS) $ 0.999821
WhiteBIT Coin (WBT) $ 46.21
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
Monero (XMR) $ 337.69
Polkadot (DOT) $ 4.02
Coinbase Wrapped BTC (CBBTC) $ 119,304.00
Ethena USDe (USDE) $ 1.00
Pepe (PEPE) $ 0.000012
Uniswap (UNI) $ 8.57
Bitget Token (BGB) $ 4.41
Aave (AAVE) $ 309.15
Bittensor (TAO) $ 394.26
Dai (DAI) $ 0.999979
Pi Network (PI) $ 0.466566
Cronos (CRO) $ 0.106018
Aptos (APT) $ 4.99
NEAR Protocol (NEAR) $ 2.54
Ethena Staked USDe (SUSDE) $ 1.18
Internet Computer (ICP) $ 5.46
OKB (OKB) $ 48.69
Ondo (ONDO) $ 0.913447
Jito Staked SOL (JITOSOL) $ 196.68
Ethereum Classic (ETC) $ 18.52
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
Mantle (MNT) $ 0.699929
Algorand (ALGO) $ 0.267128
Kaspa (KAS) $ 0.086975
sUSDS (SUSDS) $ 1.06
USD1 (USD1) $ 1.00
Ethena (ENA) $ 0.345753
Cosmos Hub (ATOM) $ 4.71
VeChain (VET) $ 0.024798
POL (ex-MATIC) (POL) $ 0.234142
Bonk (BONK) $ 0.000027
Arbitrum (ARB) $ 0.411109
Render (RENDER) $ 3.77
Fasttoken (FTN) $ 4.50
Official Trump (TRUMP) $ 9.53
Artificial Superintelligence Alliance (FET) $ 0.722959
Gate (GT) $ 15.70
Pudgy Penguins (PENGU) $ 0.029120
Worldcoin (WLD) $ 1.05
Binance-Peg WETH (WETH) $ 2,988.32
Sei (SEI) $ 0.322285
Filecoin (FIL) $ 2.56
Lombard Staked BTC (LBTC) $ 119,021.00
Quant (QNT) $ 117.29
Sky (SKY) $ 0.078385
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.73
Binance Staked SOL (BNSOL) $ 171.95
Jupiter (JUP) $ 0.512300
SPX6900 (SPX) $ 1.58
KuCoin (KCS) $ 11.43
First Digital USD (FDUSD) $ 0.999679
USDtb (USDTB) $ 0.999751
Kelp DAO Restaked ETH (RSETH) $ 3,125.70
Rocket Pool ETH (RETH) $ 3,398.67
USDT0 (USDT0) $ 1.00
Celestia (TIA) $ 1.91
Fartcoin (FARTCOIN) $ 1.31
XDC Network (XDC) $ 0.080024
NEXO (NEXO) $ 1.29
Story (IP) $ 4.23
Injective (INJ) $ 12.44
Stacks (STX) $ 0.792091
Sonic (S) $ 0.364810
Flare (FLR) $ 0.016936
Optimism (OP) $ 0.657602
Mantle Staked Ether (METH) $ 3,188.89
Virtuals Protocol (VIRTUAL) $ 1.72
StakeWise Staked ETH (OSETH) $ 3,133.73
Solv Protocol BTC (SOLVBTC) $ 119,159.00
Polygon Bridged USDT (Polygon) (USDT) $ 1.00
dogwifhat (WIF) $ 1.01