Will an exchange-traded fund (ETF) that includes the Pudgy Penguins token PENGU be approved before October?

Market dates:

• Market Period: From the publication date through September 30, at 11:59 PM UTC
• Market Closing: September 30, 2025, at 11:59 PM UTC
• Resolution Deadline: The resolution will be determined after market close, or earlier if the outcome is reached

Resolution criteria:

Resolves to "Yes" if the SEC officially approves an ETF that includes PENGU tokens within the market period.

Resolves to “No” if it doesn’t.

Resolution details:

• Only official announcements by the SEC of ETFs that feature at least 1% of the fund allocated to PENGU will trigger a “Yes” resolution

Cancellation (Invalidity) Conditions:

This market will be canceled/voided if:

• The resolution sources are unavailable or compromised
• Extraordinary circumstances prevent reliable determination of the outcome

In the event of cancelation, participants may claim their stakes at the market value of their open positions at the time of cancelation. This could result in a profit or a loss, depending on the price of their outstanding shares.