The exchange-traded fund offers exposure to Injective’s INJ token, with the fund also seeking staking rewards.
Canary Capital has launched the Canary Staked INJ exchange traded fund (ETF) on Nasdaq under the ticker INJC, giving investors access to Injective’s native token through a brokerage account. Injective said it has tokenised more than US$1billion in assets The ETF seeks to generate additional INJ through the network’s proof-of-stake validation process. Net staking rewards will be reflected in the fund’s net asset value. Injective is a Layer 1 blockchain focused on financial