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Nasdaq’s Staking Move: This Altcoin ETF News Stands Out from the Market! Here Are the Details

Nasdaq’s Staking Move: This Altcoin ETF News Stands Out from the Market! Here Are the Details

Photo: Bitcoin Sistemi

Injective has become one of the strongest-performing altcoins in the market following the news that its ETF, which is planned to have a staking feature, will be listed on Nasdaq. Injective's native token, INJ, surged approximately 6% following news of a staking-enabled ETF being developed by Canary Capital. This made INJ one of the strongest performers on the CoinDesk 100 index at the time of publication. However, the overall market sentiment wasn't equally strong. According to regulatory records, Nasdaq has approved the listing of Injective ETF, a staking-enabled ETF developed by Canary Capital.

Source: Bitcoin Sistemi

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