Injective has received new institutional coverage since the launch of the Staked INJ ETF by Canary Capital under the symbol INJC at Nasdaq. Injective confirmed that the ETF is currently available through Bloomberg Terminals, an investment tool that is frequently accessed by many banks and hedge funds. This helps the INJ price reach new highs as traders await its rally after experiencing a significant drop. Investors are currently focusing on the $9 resistance point.
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Canary Capital Launches Staked INJ ETF on Nasdaq
According to Injective, the Canary Staked INJ ETF is now available across Bloomberg Terminals, increasing its visibility among institutional investors. The fund began trading on Nasdaq under the ticker INJC on November 5, 2026.
The ETF allows investors to gain access to INJ, the native currency of the Injective blockchain, via an ordinary investment vehicle. The ETF also utilizes staking by engaging in the proof-of-stake validation of the network. The ETF seeks to track the net gains from staking in the form of net asset value.
Source: Injective’s X Post
It is also yet another step towards bridging Injective’s blockchain network with mainstream financial systems. Its ecosystem comprises trading, derivatives, and tokenized financial products, which makes institutional accessibility a very significant thing for the platform.
Also Read: Injective ETF Gains Nasdaq Listing Approval as INJ Price Eyes Recovery
INJ ETF Listing Brings Fresh Institutional Exposure
The INJC token gives investors the opportunity to gain access to INJ without necessarily buying the cryptocurrency directly. The inclusion on Bloomberg Terminals further enhances the visibility of the product within the professional market environment.
However, it does not mean that there will be institutional purchases or inflows of money. Demand can be determined through the trading activity and the assets managed by the ETF. The rewards from the staking are also uncertain.
INJ Price Tests $9 Resistance After Recent Recovery
The technology behind INJ is gaining prominence as buyers strive to make their token bounce back after an extended period of correction. Crypto With Gopal identified the $2.70-$3.00 range as an important support area, which saw buyers defend their coin.
Source: Crypto With Gopal’s X Post
However, at the moment, the immediate emphasis will be on the $9 level of resistance. Daily closes above this level could enhance the bullish configuration, suggesting that buying pressure is increasing. Alternatively, rejection around $9 could hinder the rebound process, weakening the bullish formation.
Crypto With Gopal Identifies Potential INJ Double Bottom
Crypto With Gopal noticed a possible double bottom pattern on the daily chart of the INJ price after its extended correction phase. According to the expert, the buyers supporting $2.70-$3.00 could be the basis for the recovery trend.
In the view of the analyst, a break above $9 would set up the potential for a move to $12-$16. However, this scenario is dependent on continued buying action and a break above resistance levels. In the meantime, the double bottom is a developing pattern.
What Comes Next for INJ?
Another major catalyst to be expected from Injective will be the demand for its newly introduced INJC ETF from investors. This will give a definite indication regarding the product’s reception in the market.
On the other hand, the ability of the INJ price to clear $9 would be key to the technical prospects for the cryptocurrency. A breakthrough might boost the recovery case and put the INJ price targets of $12-$16 in view. A rejection might keep INJ in the recovery range.
Injective’s INJ ETF listing via its Staked program is providing increased access to institutions. Furthermore, there are indications that the token could technically be on track for a reversal. Yet, $9 is still an important resistance level for the cryptocurrency. ETF demand will be key to seeing it reach its estimated $12–$16 price level.
Also Read: Injective Stockdrop is Set to Launch as INJ Price Eyes a Potential Breakout
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
Mishal Ali is a Policy and Regulations Reporter at Tron Weekly with over four years of experience covering the global crypto and blockchain space. Her reporting focuses on crypto regulations and policy, alongside Bitcoin, Ethereum, altcoins, DeFi, NFTs, Web3, Layer 2 solutions, and AI-driven crypto use cases. She also tracks Ripple-related developments, enforcement actions, licensing updates, and crypto scams and fraud trends, helping readers understand regulatory and compliance risks.
