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First U.S. Injective ETF Begins Trading on Nasdaq With Staking

First U.S. Injective ETF Begins Trading on Nasdaq With Staking

Photo: TokenPost

A U.S. exchange-traded fund tracking Injective (INJ) began trading on Nasdaq, giving investors a way to gain token exposure through a standard brokerage account while the product plans to stake as much as 90% of its holdings. Injective announced Friday that the fund trades under the ticker INJC and is the first U.S. ETF to track INJ. The product is listed on Nasdaq. BitGo holds the fund’s spot INJ. It plans to stake up to 90% of its holdings and automatically reinvest net staking proceeds.

Source: TokenPost

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