Canary’s Staked Injective ETF Starts Trading on Nasdaq, With at Least 90% of INJ to Be Staked

Summary

• Canary’s staked Injective (INJ) exchange-traded fund (ETF) has started trading on the US Nasdaq market.
• The ETF listed on Nasdaq under the ticker symbol 'INJC'.
• The ETF is structured to stake at least 90% of the INJ it holds.

Forecast Trend Report by Period

Canary’s staked Injective exchange-traded fund has started trading on the Nasdaq market in the US. The fund will stake at least 90% of the INJ it holds.

Bloomberg Intelligence ETF analyst James Seyffart said on November 5 that Canary’s staked Injective ETF had listed on Nasdaq under the ticker symbol "INJC."

The ETF is structured to stake at least 90% of its Injective holdings.

Staking involves depositing virtual assets, or cryptocurrencies, to participate in operating a blockchain network and earn rewards.

JH Kim