Nasdaq Gives Canary's Proposed Staked INJ ETF Green Light

Nasdaq has given Canary Capital’s proposed staked Injective (INJ) ETF a green light to trade under ticker INJC. The development advances a U.S. exchange listing plan for a fund built around INJ exposure. The proposal seeks to reflect the value of INJ held by the trust. Staking rewards are a secondary investment objective, and the proposal calls for staking at least 90% of the fund’s INJ holdings under normal conditions. Those terms describe the proposed fund, whose Nasdaq plan uses ticker INJC.

Also reported by The Defiant.

Source: TokenPost