Canary Staked INJ ETF aims to bring regulated Injective staking to Nasdaq

Canary Capital's amended S-1 lays out a 1.10% fee, a 90% staking target and a $15 million seed commitment from the Injective Foundation Canary Capital wants to give US investors a way to own Injective ’s INJ token and collect staking rewards without touching a crypto wallet. The vehicle is the proposed Canary Staked INJ ETF, which would trade on Nasdaq under the ticker INJC , pending approval from the Securities and Exchange Commission. If it clears that hurdle, it would become the first staked INJ ETF in the US.

Source: Crypto Briefing