LATEST: 📈 Canary Capital has filed for an ETF tracking the price of MOG Coin, an Ethereum-based memecoin that the firm describes as both a cultural statement and a digital collector's item. https://t.co/9IBlgBxOE2 ...

ETF NEWS: Canary Capital is widening its bet on niche crypto assets with a new filing for an exchange-traded fund tied to $MOG Coin, a cat-themed memecoin born from TikTok culture. By @shauryamalwahttps://t.co/HqkjhGs3bv ...

Crypto fund manager Canary Capital has filed to launch the first U.S. exchange-traded fund (ETF) tied directly to MOG Coin, a memecoin on the Ethereum network. This marks Canary’s first foray into launching a fund to track the price of a memecoin. The investment firm formally submitted S1 registration with the US SEC on Wednesday, seeking approval for the ETF. The filing described MOG as a “memecoin,” adding that the ETF may hold up to 5% of its holdings in Ether for transaction costs, since MOG is depen ...