- Canary Funds, with the audacity of a Siberian dissident, dares to chain the fickle MOG Coin to the iron discipline of an ETF. 🐦
- The structure? A trust, exchanges, shares-oh, the bureaucratic ballet! Much like the Soviet Five-Year Plan, but with more memes. 📉
- CSC Delaware Trust and U.S. Bancorp Fund Services: two titans of finance, now herding digital pigeons. 🐦💼
- November 13, 2025: The day XRP’s ETF debuts. A date etched in the stone tablets of crypto’s new priesthood. 📅
The filing, a document thicker than a KGB dossier, describes a trust that clutches MOG Coin like a drowning man grasps hope. Shares will trade on exchanges-because nothing says “institutional gravitas” like letting shareholders bet on a coin born from a doge meme. 🐕💸 The Canary MOG ETF, a product so daring it would make Lenin reconsider his materialism, promises to mirror MOG’s price in real-time. No futures, no derivatives-just raw, unfiltered meme magic. 🪄
While MOG still stinks of internet taverns and dopamine-driven trading, Canary Funds’ gambit whispers a darker truth: even the absurd now demands a five-star financial infrastructure. The KGB couldn’t have predicted this. 😂
The Appetite for Absurdity
James Seyffart, that modern-day Nostradamus of ETFs, noted the structure’s eerie resemblance to Bitcoin’s approved schemes. A nod to normalcy, perhaps? Or a cynical wink to regulators? Either way, Canary’s XRP ETF, due November 13, 2025 (a date as ominous as the Chernobyl meltdown), signals a firm grip on the crypto meme throne. 👑
Enter CSC Delaware Trust and U.S. Bancorp Fund Services, two relics of the pre-internet age, now tasked with shepherding digital chaos. And let us not forget the designated custodian-a shadowy figure yet to emerge, like a Soviet apparatchik hiding from history. 🕵️♂️
Memecoins: The New Red Scare
Canary Capital Group LLC, already a hero in the HBAR saga, now turns its gaze to MOG. Their HBAR ETF coincided with a market surge so sudden, it would’ve made Stalin double-check his advisors. Now, MOG’s price discovery relies on an index compiled from “leading venues”-code for “we’re guessing, but with spreadsheets.” 🚀
The Meme’s March to Glory
Canary’s endeavor mirrors the Soviet Union’s push to colonize space-with equal parts hubris and confusion. If approved, the MOG ETF will let investors sip from the meme Kool-Aid without getting their hands dirty. A triumph of capitalism over common sense! 🍹
For Canary Funds, this is no mere product-it’s a manifesto. A declaration that finance and internet whimsy have collided, and the result is a financial Frankenstein. Will it be a monument to genius or a tombstone for sanity? Only time will tell. 🕰️
Disclaimer: This article is not financial advice. It is, however, a cautionary tale wrapped in satire. Consult a professional, or don’t-history shows we’ve survived worse. 🐦💣
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2025-11-13 03:48