Two US Injective ETF Applications Advance With Fresh SEC Amendments
- —21Shares updated its S-1 for a spot Injective ETF, slated for Nasdaq under ticker TINJ
- —Canary Capital filed Amendment No. 3 for a staked INJ ETF on Cboe BZX under ticker INJS
- —Canary commits to staking at least 90% of fund holdings, with BitGo as custodian
- —Injective has processed over 3 billion transactions, about 42 million in the past month
Why it matters: Approval would give US investors regulated exposure to INJ, and Canary's staking structure could set a template for yield-bearing crypto ETFs.
Source: Crypto Briefing