Canary's proposed Nasdaq staked $INJ ETF just hit the wires, but $INJ 's already down 12.76% to $6.99 over the last 24 hours.

Regulated US staking access sounds great on paper, but this is only a filing, not an approval. The 12.76% bleed already priced in the regulatory risk, not the potential upside.

The biggest flaw in the "ETF pump" narrative? $INJ's staking yields are already public, there's no hidden premium to chase for early movers. Wait for concrete SEC timeline updates before positioning, don't front-run a maybe.

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