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Staked Injective ETF Filed by Canary Capital: Can INJ Reach $16?


by Coin Edition
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News report on the Canary Capital staked Injective (INJ) ETF filing and its impact on the INJ price target of $16.
  • The fund would hold Injective Protocol’s native token, INJ, and stake a portion of it via approved validator providers
  • Injective’s price surged up to 14% following the news, currently hovering around $14
  • Canary Capital has similar filings underway for assets such as Solana, XRP, Hedera, SUI, and Tron

Canary Capital, a Delaware-based asset manager, has filed an S‑1 registration with the US SEC for the Canary Staked INJ ETF. This marks the first-ever US ETF that offers exposure to INJ, Injective Protocol’s native token, plus on-chain staking rewards.

The fund would hold INJ and stake a portion of it via approved validator providers, passing annual yields (estimated to be around 10% to 12%) to ETF shareholders.

Injective’s price surged up to 14% following the news, currently hovering around $14. Also, DEX volumes of Injective have tripled recently (from $0.4 million to $1.1 million daily), and TVL (Total Value Locked) has climbed to roughly $109 million, which is close to its early 2025 peak.

As Injective trades within the critical $14-$16 range, its performance here will likely shape its immediate future, especially as excitement around the new ETF …

The post Staked Injective ETF Filed by Canary Capital: Can INJ Reach $16? appeared first on Coin Edition.

Read the article at CoinEdition

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Coins

$ 2.20

-1.38%

$ 0.274

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$ 0.0163

+3.36%

$ 0.000603


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Staked Injective ETF Filed by Canary Capital: Can INJ Reach $16?


by Coin Edition
for CoinEdition

Share:

News report on the Canary Capital staked Injective (INJ) ETF filing and its impact on the INJ price target of $16.
  • The fund would hold Injective Protocol’s native token, INJ, and stake a portion of it via approved validator providers
  • Injective’s price surged up to 14% following the news, currently hovering around $14
  • Canary Capital has similar filings underway for assets such as Solana, XRP, Hedera, SUI, and Tron

Canary Capital, a Delaware-based asset manager, has filed an S‑1 registration with the US SEC for the Canary Staked INJ ETF. This marks the first-ever US ETF that offers exposure to INJ, Injective Protocol’s native token, plus on-chain staking rewards.

The fund would hold INJ and stake a portion of it via approved validator providers, passing annual yields (estimated to be around 10% to 12%) to ETF shareholders.

Injective’s price surged up to 14% following the news, currently hovering around $14. Also, DEX volumes of Injective have tripled recently (from $0.4 million to $1.1 million daily), and TVL (Total Value Locked) has climbed to roughly $109 million, which is close to its early 2025 peak.

As Injective trades within the critical $14-$16 range, its performance here will likely shape its immediate future, especially as excitement around the new ETF …

The post Staked Injective ETF Filed by Canary Capital: Can INJ Reach $16? appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 2.20

-1.38%

$ 0.274

-0.06%

$ 0.0163

+3.36%

$ 0.000603


Share:

In This News

Coins

$ 2.20

-1.38%

$ 0.274

-0.06%

$ 0.0163

+3.36%

$ 0.000603


Share:

Read More

Bitcoin whale’s $2 billion wager hints at dramatic market rebound as retail sells off

Bitcoin whale’s $2 billion wager hints at dramatic market rebound as retail sells off

A high-conviction Bitcoin whale placed a $2 billion wager that the worst is over and ...
XRP breaks market trend as altcoin ETF leader by key metric, outpacing Solana

XRP breaks market trend as altcoin ETF leader by key metric, outpacing Solana

XRP is leading the race for altcoin supremacy in the US crypto exchange-traded fund (...