Exchanges· ★★★· bullish·

Injective Jumps 68.6% in a Month on Washington Meetings and ETF Filings

  • —INJ at $9.03: up 14.5% daily and 68.6% monthly, market cap around $903 million
  • —Injective CEO Eric Chen met White House, SEC and CFTC officials on October 15
  • —Injective Institutional Services registered as an SEC transfer agent
  • —21Shares filed for spot ETF TINJ; Canary's staking ETF INJS plans at least 90% of INJ staked
Why it matters: The rally rests on a regulatory narrative rather than revenue: protocol income is only about $3.58 million a year, so ETF approval will be the key test of real demand.
#INJ
Source: 動區 BlockTempo
More on this
Markets · yesterday
Injective's INJ Jumps 27% as 21Shares Staked ETF Filings Draw Traders
 Markets · Oct 12
Injective Jumps 10% as Open Interest Hits $164M on ETF Filings
 Markets · yesterday
INJ Jumps 27% to $9.13 as Injective Meets White House, SEC and CFTC