Amendment No. 3. likely the final filing before launch.
→ Canary Capital just filed the third amendment to its Staked INJ ETF S-1 with the SEC.
→ structure: spot INJ with 90%+ of institutional holdings staked.
→ not 40-60% like 21Shares. ninety percent. maximum yield capture built into the product.
→ third amendments historically precede approval, not another round of revisions.
→ 21Shares TINJ targeting Nasdaq simultaneously. two separate ETF products racing toward the same asset from different angles
the regulatory stack underneath both of them:
→ CFTC-regulated futures live on Bitnomial
→ SEC transfer agent registration effective
→ MiCA whitepaper filed across 30 EU markets
→ Innovation Exemption pathway open
→ Meridian mainnet live
Canary Capital’s CEO was in the room at the DC Summit with members of Congress. this filing didn’t come from nowhere.
watching the SEC response window. 🥷
→ Canary Capital just filed the third amendment to its Staked INJ ETF S-1 with the SEC.
→ structure: spot INJ with 90%+ of institutional holdings staked.
→ not 40-60% like 21Shares. ninety percent. maximum yield capture built into the product.
→ third amendments historically precede approval, not another round of revisions.
→ 21Shares TINJ targeting Nasdaq simultaneously. two separate ETF products racing toward the same asset from different angles
the regulatory stack underneath both of them:
→ CFTC-regulated futures live on Bitnomial
→ SEC transfer agent registration effective
→ MiCA whitepaper filed across 30 EU markets
→ Innovation Exemption pathway open
→ Meridian mainnet live
Canary Capital’s CEO was in the room at the DC Summit with members of Congress. this filing didn’t come from nowhere.
watching the SEC response window. 🥷