Regulation· ★★★· bullish·

INJ futures hit six-month mark on Bitnomial, boosting Canary staked ETF bid

  • —INJ futures have traded on Bitnomial since April 15, now over six months
  • —Bitnomial is a CFTC-regulated DCM owned by Payward, parent of Kraken
  • —The INJC ETF would stake INJ and reinvest rewards into the fund's NAV
  • —INJ holds above $8.03 after bouncing from $7.50–7.60, with $8.50 as resistance
Why it matters: A staked INJ ETF would give US brokerage investors exposure, but six months of futures trading does not guarantee approval or listing.
Source: TronWeekly