
Jakarta, Pintu News – Canary Capital recently applied to the Securities and Exchange Commission (SEC) to launch their latest investment product, an ETF that tracks the price of MOG Coin , a meme-inspired cryptocurrency.
Canary Capital, known for its innovative crypto investment products, hopes to attract investors by offering direct exposure to MOG Coin through its planned ETF.
Canary Funds has applied for an ETF that will directly hold MOG Coin (MOG) and track its price. This ETF, called the “Canary MOG ETF”, will offer shares that can be traded on a listed exchange.
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According to leading ETF analyst, James Seyffart, this is a significant step for Canary Funds following the successful launch of ETFs for Ripple and Hedera Hashgraph . The ETF is designed to hold MOG Coin directly without involving any additional fees or liabilities, allowing investors to gain effective exposure to the performance of this crypto asset.
Canary Capital Group LLC, as sponsor of the trust, has appointed CSC Delaware Trust Company as trustee and U.S. Bancorp Fund Services as transfer agent.

MOG Coin, which is ranked 339 with a market capitalization of nearly $170 million, is issued on the Ethereum network and has a strong association with the “Mog” meme culture. It is not only considered a digital asset but also a cultural statement and a digital collectible.
By launching this ETF, Canary Capital hopes to attract investors interested in the cultural phenomenon and growth potential of memecoin. In addition, Canary Capital has successfully launched several other crypto ETFs, including those tracking Litecoin and Hedera Hashgraph (HBAR).
This move demonstrates Canary’s commitment to expanding the range of crypto investment products available to mainstream investors, while capitalizing on more supportive regulations from the current administration.
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With the appointment of Paul Atkins, a crypto-supportive regulator, as head of the SEC by President Donald Trump, there is renewed hope for the digital asset market. The SEC has taken steps to provide more clarity on digital assets and approved listing standards for some ETFs.
Canary Capital took advantage of this policy to launch its product, despite the government shutdown.
Companies have used an alternative path to launch products without requiring explicit approval from the SEC, thanks to guidance issued by the agency. This indicates a positive trend and the possibility of wider adoption of crypto ETFs in the future, which could bring more investors into the crypto space.
All in all, with Canary Capital’s bold move in proposing the MOG Coin ETF, the future of crypto investment looks even brighter. This initiative not only demonstrates the growth and acceptance of crypto in mainstream financial markets, but also opens up new opportunities for investors to get involved in global crypto trends in a more structured and secure way.
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