$INJ Staking #ETF Filing Signals Growing #Altcoin Fund Demand
Canary Capital filed with the SEC for a staked Injective ETF on Thursday.
The fund would track
$INJ price while allowing investors to earn staking rewards from the layer-1 blockchain.
Injective's native token trades at $13.84, up 3.7% in 24 hours as the 88th-largest crypto by market cap.
21Shares already offers a staked
$INJ product for European investors through its AINJ ETF.
The filing reflects growing issuer interest in #stakingETFs following REX-Osprey's recent Solana approval.
Canary established a Delaware Trust last month to provide a legal framework for the staked
$INJ product.
The fund aims to expand Injective's reach to both institutional and individual global investors.
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