Nasdaq Approves Canary’s Proposed Staked INJ ETF for Listing
Photo: TokenPost
Nasdaq approved the listing application for Canary Capital’s proposed Canary Staked INJ ETF, advancing a U.S. fund tied to Injective (INJ) while public trading remains conditional on the fund’s S-1 registration statement becoming effective. The fund plans to stake at least 90% of its INJ holdings under normal conditions. Its proposal makes staking a secondary objective alongside exposure to the value of the INJ it holds, after operating expenses and other liabilities. BitGo will serve as custodian. An Oct. 23 amendment named Nasdaq as the proposed listing venue and INJC as the ticker, replacing Cboe BZX in the previous amendment.
Also reported by The Defiant, Crypto Economy.
Source: TokenPost
