Only 2,933 shares traded on day one, lol
The U.S.'s first staked INJ ETF (INJC) debuted on Nasdaq yesterday. Yahoo shows it traded around 2,933 shares on its first day, worth only tens of thousands of dollars. By comparison, the Bitwise Solana Staking ETF did about $56 million on day one, and Canary's own XRP ETF about $58 million. Same “debut,” but this time the money didn't show up at all.
The channel's open, but wallets aren't. Don't mistake an exchange listing narrative for an entry signal.
Is this opening a channel or just telling a story? Give this a thumbs-up if you've been burned by altcoin ETF tops.
$INJ $SOL $XRP
The U.S.'s first staked INJ ETF (INJC) debuted on Nasdaq yesterday. Yahoo shows it traded around 2,933 shares on its first day, worth only tens of thousands of dollars. By comparison, the Bitwise Solana Staking ETF did about $56 million on day one, and Canary's own XRP ETF about $58 million. Same “debut,” but this time the money didn't show up at all.
The channel's open, but wallets aren't. Don't mistake an exchange listing narrative for an entry signal.
Is this opening a channel or just telling a story? Give this a thumbs-up if you've been burned by altcoin ETF tops.
$INJ $SOL $XRP
