BREAKING: Canary capital just filed Amendment No. 3 for its Canary Staked $INJ ETF with the SEC and this update makes the structure even more interesting.
the proposed ETF would
➥ Hold spot $INJ
➥ Trade on Cboe BZX under the proposed ticker INJS
➥ Target at least 90% of the fund’s INJ to be staked under normal circumstances
➥ Give investors exposure to INJ while the fund participates in Injective’s staking ecosystem
that last part is what makes this different from a simple spot product.
Instead of just holding INJ the proposed structure is designed to generate additional INJ through staking rewards.
and look at how far the institutional story has already moved..
Europe ➾ $INJ ETP Live
USA ➾ Regulated INJ Futures Live, 21Shares Amended $INJ ETF Filing, and Canary Amendment No. 3 for Staked INJ ETF
this is no longer just about crypto native access.
its about building regulated paths for traditional investors to get exposure to Injective and its native asset.
An approved Staked INJ ETF could potentially bring more institutional access, more market visibility, and potentially more INJ into the staking ecosystem.
we not at approval yet, but INJ is getting closer and closer to having a spot + staking product in the U.S.
and honestly…
the ETF story is getting very real…
Full SEC filing ⚶
sec.gov/Archives/edgar
the proposed ETF would
➥ Hold spot $INJ
➥ Trade on Cboe BZX under the proposed ticker INJS
➥ Target at least 90% of the fund’s INJ to be staked under normal circumstances
➥ Give investors exposure to INJ while the fund participates in Injective’s staking ecosystem
that last part is what makes this different from a simple spot product.
Instead of just holding INJ the proposed structure is designed to generate additional INJ through staking rewards.
and look at how far the institutional story has already moved..
Europe ➾ $INJ ETP Live
USA ➾ Regulated INJ Futures Live, 21Shares Amended $INJ ETF Filing, and Canary Amendment No. 3 for Staked INJ ETF
this is no longer just about crypto native access.
its about building regulated paths for traditional investors to get exposure to Injective and its native asset.
An approved Staked INJ ETF could potentially bring more institutional access, more market visibility, and potentially more INJ into the staking ecosystem.
we not at approval yet, but INJ is getting closer and closer to having a spot + staking product in the U.S.
and honestly…
the ETF story is getting very real…
Full SEC filing ⚶
sec.gov/Archives/edgar