Hassan Maishera
On Thursday, the Injective team announced via X that Canary Capital, a leading digital asset fund manager, officially filed with the U S Securities and Exchange Commission to launch the Canary Staked INJ ETF. This will be the first exchange-traded fund to offer regulated exposure to staked INJ, the native token of Injective.
The proposed Canary ETF would provide retail and institutional investors with direct exposure to staked INJ through a regulated investment vehicle, effectively bridging the gap between traditional and onchain finance.
Injective is an open, interoperable layer-one blockchain for building powerful DeFi applications. Injective uniquely provides plug-and-play financial infrastructure primitives, such as a high-performance on-chain decentralized exchange infrastructure, decentralized bridges, oracles, and a composable smart contract layer with CosmWasm. INJ is trading at $14.58, up 10.2% in the last 24 hours.
