Canary Capital files S-1 for $MOG ETF launch
The S-1 filing outlines a spot ETF structure that would hold MOG directly, expanding Canary's altcoin ETF strategy alongside XRP and HBAR.
Key Takeaways
- Canary Capital has filed with the SEC to launch a $MOG ETF, providing exposure to the MOG cryptocurrency.
- The $MOG ETF is part of Canary Capital's wider strategy of creating ETFs tied to various altcoins, including XRP and HBAR.
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Canary Capital, a digital assets investment firm filing for exchange-traded funds tied to altcoins like XRP and HBAR, has submitted registration paperwork for a $MOG ETF with the SEC today.
The filing represents another expansion of Canary Capital’s altcoin-focused ETF strategy. The firm has advanced paperwork for its XRP ETF, indicating a likely start of trading for US investors.
Canary Capital also filed a registration statement with the SEC for an HBAR ETF, aiming to provide exposure to the native asset of the Hedera Network. The spot XRP ETF is positioned for potential launch, reflecting increasing regulatory openness to altcoin-focused funds.
The $MOG ETF would provide exposure to MOG, a cryptocurrency associated with memecoin ecosystems.
