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Canary Capital has filed for the first-ever staked INJ ETF with the SEC, allowing investors to gain exposure to Injective’s native token without direct ownership. The news propelled INJ’s price by over 8%, with daily trading volume surpassing $209 million.
- The Canary Staked INJ ETF would automate staking rewards, eliminating the need for direct wallet management.
- INJ's price surged 8% post-announcement, with trading volume exceeding $226 million.
- The SEC has not yet approved staking-based ETFs, creating regulatory uncertainty for the proposed fund.
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