Canary Funds Files First-Ever MOG Coin ETF, Expanding Crypto Access to Traditional Investors

Canary Funds, a prominent asset management firm, has officially submitted a filing for a new exchange-traded fund (ETF) centered on the meme-inspired cryptocurrency MOG Coin. This marks the first time the popular digital token will be introduced into traditional financial markets, signaling a major step toward mainstream crypto adoption.

According to the preliminary prospectus, the “Canary MOG ETF” will issue shares of beneficial interest that trade on a regulated U.S. exchange. The fund is designed to hold MOG Coin directly, allowing investors to gain exposure to the token’s market performance without directly purchasing or storing the cryptocurrency themselves. The development was first revealed by ETF analyst James Seyffart on X (formerly Twitter).

The filing specifies that Canary Capital Group LLC will act as the sponsor of the trust, while CSC Delaware Trust Company will serve as trustee. U.S. Bancorp Fund Services has been appointed as the transfer agent, and a designated custodian will securely hold the ETF’s MOG assets once regulatory approval is obtained.

The ETF’s pricing model will be based on an index tracking MOG’s value across multiple major crypto exchanges, mirroring the framework used by other spot cryptocurrency ETFs, including Bitcoin and Ethereum.

This move follows Canary Funds’ growing involvement in the crypto ETF market, including its XRP ETF, scheduled to launch on November 13, 2025, and its HBAR ETF, which coincided with a strong performance surge for the Hedera token.

By bringing MOG Coin into the ETF ecosystem, Canary Funds continues to bridge the gap between digital assets and traditional finance, offering investors an easier and more regulated pathway to participate in emerging crypto trends.