Markets
What to know:
- Canary Capital, the firm that brought us the “revolutionary” XRP ETF, now wants to monetize MOG Coin-a cat meme token that somehow survived TikTok’s algorithmic purge 🐱💸.
- MOG, ranked #339 globally, has lost 78% of its value in a year. Because nothing says “investment-grade” like a token named after a raccoon who got lucky 📉.
- Canary’s masterstroke? Expanding their “niche crypto” portfolio with Litecoin ETFs and a HBAR fund. Because why not? If at first you don’t succeed, meme harder 🚀.
Canary Capital, the financial equivalent of that friend who insists crypto is “still a thing,” has filed for a MOG ETF. Because apparently, the world needs a regulated product for a cat meme token that’s down 78% since its “glory” days. MOG, for the uninitiated, is a token inspired by the “Mog the Cat” meme, which means its entire value proposition is based on people who think “This is fine” is a life philosophy 🌈.
NEW: @CanaryFunds files for a MOG ETF.
– James Seyffart (@JSeyff) November 12, 2025
MOG’s price plunge? Merely a “correction” in the grand scheme of memecoin delusion. The filing, though, is pure Canary: a Hail Mary to capitalize on the dying embers of TikTok’s crypto obsession. Pro tip: If your ETF is tied to a token that’s literally a meme, maybe don’t call it “cultural statement.” Call it what it is-a raccoon-shaped Ponzi scheme 📊.
Canary’s strategy? Launch ETFs faster than the SEC can say “disclaimer.” Fresh off their Litecoin and HBAR debacles, they’re rolling out a spot XRP ETF just in time for the government shutdown. Because nothing says “trust us” like launching crypto products during a regulatory vacuum 🚨.
And let’s hear it for Paul Atkins, Trump’s crypto-loving SEC chief, who’s basically turned the agency into a Wild West casino. Approval rates for meme ETFs? Up! Chance of MOG ETF surviving 2026? Lower than a raccoon’s chances of becoming SEC chair 🎩🎩.
Will this ETF save MOG? Unlikely. But hey, at least it’s not another dog coin. 🐶➡️🐱.
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2025-11-13 11:21