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INJ Price in Focus as Injective Advances Toward Staked ETF Milestone

INJ Price in Focus as Injective Advances Toward Staked ETF Milestone

Photo: TronWeekly

Injective’s INJ futures have completed more than six months of trading on Bitnomial, a US-regulated derivatives exchange, marking a milestone for the proposed Canary Staked INJ ETF. The fund aims to offer investors exposure to INJ while staking the underlying tokens. Meanwhile, crypto analyst Eagle.inj reports that the INJ price is holding above $8.03 after bouncing from support, with $8.50 emerging as the next key resistance level. According to Injective, INJ futures began trading on Bitnomial on April 15 and have now completed more than six months on a US-regulated market.

Source: TronWeekly

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