The cryptocurrency PENGU is generating significant buzz following its pending exchange-traded fund (ETF) filing with the SEC through the Cboe BZX Exchange on July 9, 2025. This action has led to a surge in trading volume and market interest, sparking potential for a breakout. Key factors driving this excitement include: an increased focus from analysts and community members alike, as well as Robinhood’s listing of PENGU. Notably, daily trading volumes have topped $600 million within just 24 hours, indicating strong investor involvement. The pending ETF approval is expected to attract further institutional investments, similar to previous experiences with Cboe-related ETFs. This could lead to substantial capital inflows into PENGU, a development analysts believe aligns well with the asset’s unique blend of meme culture, NFT integration, and established revenue streams. Analysts anticipate potential price targets between $0.045 and $0.075 should the breakout materialize, as seen in historical data from previous Cboe ETF launches.