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Auto-invest on a regular basis
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Pledge one crypto to borrow another
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- 🎯 To further enhance the user experience on Gate Square, we sincerely invite you to take part in our first User Experience Survey 👉 https://www.gate.com/questionnaire/7086
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🙏 Thank You: Every piece of feedback helps us improve Gate Square. Your support and participation mean a lot!
📅 Survey Period: Sep 19 – Oct 9 - 💥 Gate Square Event: #PostToWinPORTALS# 💥
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Alpha Trading Competition: Join for a chance to win rewards
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Launchpool: Stake GT to earn PORTALS
👉 https://www.gate.com/announcements/articl - 🌕 Gate Square · Creator Incentive Program Day 10 Topic– #Fed Cuts Rates By 25 Bps# !
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🔥 Day 10 Hot Topic: Fed Cuts Rates By 25 Bps
The Fed lowered its benchmark rate by 25 basis points to 4.00%–4.25%, in line with market expectations. This marks the restart of the rate-cut cycle since the pause last December. Lower rates often boost liquidity and risk appetite, which could be - 🚀 Gate Square Newbie Village · Episode 1 ✖️ @Ryakpanda Community
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If merchandise cannot be shipped, it will be replaced with a $30 Futures Voucher
✨ You’re not alone—join #GateNewbieVillage# today! - 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
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Canary Capital Files for PENGU ETF, Bringing Pudgy Penguins to Enter Wall Street Market
Canary Capital LLC., a prominent investment management platform, has submitted an S-1 registration filing with the United States Securities and Exchange Commission (SEC) to release the Canary Pengu ETF. As per the financial analyst Mathew Sigel, Canary Capital LLC. intends to release the Canary Pengu ETF ($PENGU ETF) to provide investors with exposure to Pudgy Penguins NFTs and the $PENGU token. The analyst took to social media to share the news of Canary Capital’s S-1 filing.
Canary Capital to Launch PENGU ETF by Filing S-1 Registration with U.S. SEC
Canary Capital LLC. has mentioned in its filing that the PENGU ETF will invest in $PENGU (the Pudgy Penguins’ official crypto token) and Pudgy Penguins NFTs. Additionally, the filing also points out that the trust will also hold some other digital assets like Solana ($SOL) and Ethereum ($ETH). The focus of holding these assets will be to facilitate selling, transferring, and buying of the respective digital collectibles.
The platform is registering the ETF in line with 1933’s Securities Act and will operate it under its oversight. Canary Capital LLC. focuses on connecting the conventional financial with the latest decentralized markets. For this purpose, it provides unique investment vehicles to offer exposure to NFTs, cryptocurrencies, and other assets related to blockchain. With a robust background as a leading platform driving financial innovation, it focuses on bringing institutional-level investment strategies to digital economy.
Marking Crucial Shift in Institutional Adoption of Digital Collectibles
According to Mathew Sigel, on getting approval from the SEC, the PENGU ETF will mark a substantial shift in the digital collectibles’ adoption among institutions. The release of PENGU ETF will let conventional investors get exposure to penguin-themed collectibles that are very valuable in the market. As the interest in non-fungible tokens is resurging, the PENGU ETF’s launch could set an exclusive standard for investment in digital assets.