A recent filing by Canary Capital has sparked excitement around Mog Coin, a cryptocurrency that originated in internet meme culture. On November 12, 2025, the firm submitted an S-1 registration statement to the U.S. Securities and Exchange Commission (SEC) for the Canary MOG ETF, aiming to track the token’s price movement. This proposal comes amidst a broader trend of seeking regulatory approval for cryptocurrency-based exchange-traded funds (ETFs), offering traditional investors a more accessible way to invest in this asset class without direct ownership. While approval is not immediate, the proposal highlights how even niche cryptocurrencies like Mog Coin are attracting attention from established financial players.