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<p>$INJ just got another important update worth paying attention to

Canary Capital has filed Amendment No. 3 for its proposed Staked INJ ETF, moving the product another step through the SEC process

The staking side is what makes this filing especially interesting. 
Canary’s Staked $INJ ETF would hold spot INJ while targeting at least 90% of the fund’s INJ to be staked.

That means exposure to INJ plus potential staking rewards through a U.S. listed ETF.
The proposed ticker is $INJS, with Cboe BZX as the planned exchange.

BitGo would serve as custodian, while the fund would use the CoinDesk Injective Benchmark Rate for NAV calculations.</p>

$INJ just got another important update worth paying attention to
Canary Capital has filed Amendment No. 3 for its proposed Staked INJ ETF, moving the product another step through the SEC process
The staking side is what makes this filing especially interesting. 
Canary’s Staked $INJ ETF would hold spot INJ while targeting at least 90% of the fund’s INJ to be staked.
That means exposure to INJ plus potential staking rewards through a U.S. listed ETF.
The proposed ticker is $INJS, with Cboe BZX as

$INJ just got another important update worth paying attention to Canary Capital has filed Amendment No. 3 for its proposed Staked INJ ETF, moving the product another step through the SEC process The staking side is what makes this filing especially interesting. Canary’s Staked $INJ ETF would hold spot INJ while targeting at least 90% of the fund’s INJ to be staked. That means exposure to INJ plus potential staking rewards through a U.S. listed ETF. The proposed ticker is $INJS, with Cboe BZX as the planned exchange. BitGo would serve as custodian, while the fund would use the CoinDesk Injective Benchmark Rate for NAV calculations.

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