Issuer of First U.S. Spot XRP ETF Files for New MOG Fund
The issuer that launched the first U.S. spot XRP ETF has filed registration paperwork for a new MOG fund, using the ticker MOG. The filing, disclosed today, would add another institutional-style product tied to XRP, broadening the suite of exchange-traded options available to investors. This move matters because additional ETFs or funds linked to XRP can increase institutional and retail access, potentially boosting liquidity and price discovery for the token. It also signals continuing issuer confidence in building on the earlier approval pathway that brought the first spot XRP product to market. Market participants will be watching the filing for details on strategy, custody, fees and the approval timeline, and any updates could influence short-term trading dynamics. As with prior ETF rollouts, final launch and adoption depend on regulatory sign-offs and operational logistics.