Canary Capital Expands Altcoin ETF Strategy With Mog Coin Filing

Canary Capital Expands Altcoin ETF Strategy With Mog Coin Filing
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Canary Capital filed Wednesday with the U.S. SEC to launch a spot exchange-traded fund (ETF) tied to Mog Coin (MOG), marking its latest step into the fast-growing altcoin ETF segment. The filing describes MOG as a community-driven digital collectible inspired by the ā€œMogā€ meme culture that has gained traction across crypto communities in 2025.

The move follows Canary’s recent ETF launches tied to Hedera and Litecoin, and ongoing filings for tokens such as SEI and a Trump-themed memecoin. According to CoinMarketCap data, MOG trades at $0.063960, up 4.51% in the last 24 hours, with a market capitalization of $155.05 million. The token, launched in mid-2023, is held in roughly 39,000 wallets, highlighting its broad but niche retail base.

The SEC’s review process could resume this week after the U.S. government’s 43-day shutdown ended. If approved, the Mog ETF would extend Canary’s push to normalize meme tokens within regulated financial products, a move seen by many as a sign of growing institutional openness to alternative crypto assets.

Source:https://www.sec.gov/Archives/edgar/data/2091595/000199937125017506/mog-s1_111225.htm


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