Canary Capital Files Third Amendment for Staked Injective ETF With SEC
- —ETF would trade on Cboe BZX under ticker INJS
- —Canary intends to stake at least 90% of INJ holdings
- —BitGo Bank & Trust named INJ custodian, U.S. Bank NA cash custodian
- —INJ up 6% to $8.12; futures OI up 11.3% in 24 hours
Why it matters: Approval would offer regulated INJ exposure with staking yield, potentially drawing institutional demand.
Source: CoinGape