Regulation· ★★★· bullish·

Canary Capital Files Third Amendment for Staked INJ ETF

  • —Canary Capital filed Amendment No. 3 to its S-1 for a Staked INJ ETF
  • —The ETF would hold spot INJ and stake at least 90% of assets
  • —Injective topped 3 billion transactions, 42 million in 30 days
  • —INJ is testing the $9 neckline of a potential double bottom
Why it matters: ETF approval would give institutions regulated INJ exposure with staking yield; a break above $9 would validate the pattern targeting $16.
Source: TronWeekly