ICYMI: @Injective just reached another institutional milestone.
The Canary Staked INJ ETF ($INJC) began trading on Nasdaq on November 5, becoming the first U.S.-listed ETF to hold $INJ .
Eligible U.S. investors can now access INJ exposure through traditional brokerage accounts without managing crypto wallets or private keys.
The fund also intends to stake at least 90% of its INJ holdings under normal conditions, with rewards automatically restaked.
This follows other milestones:
✔️ April: INJ futures launched on Bitnomial.
✔️ July: Injective published its MiCA whitepaper.
✔️ August: Injective Institutional Services became an SEC-registered transfer agent.
✔️ November: $INJC launched on Nasdaq.
While $INJC offers INJ exposure, it doesn't come with the onchain utility of holding $INJ directly, including governance, dApps and Community BuyBack.
This is another step in connecting traditional finance with onchain infrastructure.
$INJC carries market, staking and regulatory risks. Not financial advice.
The Canary Staked INJ ETF ($INJC) began trading on Nasdaq on November 5, becoming the first U.S.-listed ETF to hold $INJ .
Eligible U.S. investors can now access INJ exposure through traditional brokerage accounts without managing crypto wallets or private keys.
The fund also intends to stake at least 90% of its INJ holdings under normal conditions, with rewards automatically restaked.
This follows other milestones:
✔️ April: INJ futures launched on Bitnomial.
✔️ July: Injective published its MiCA whitepaper.
✔️ August: Injective Institutional Services became an SEC-registered transfer agent.
✔️ November: $INJC launched on Nasdaq.
While $INJC offers INJ exposure, it doesn't come with the onchain utility of holding $INJ directly, including governance, dApps and Community BuyBack.
This is another step in connecting traditional finance with onchain infrastructure.
$INJC carries market, staking and regulatory risks. Not financial advice.