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


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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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-4.29%

$ 0.283

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$ 0.0105

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$ 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

$ 1.35

-4.29%

$ 0.283

-0.86%

$ 0.0105

-3.35%

$ 0.000603


Share:

In This News

Coins

$ 1.35

-4.29%

$ 0.283

-0.86%

$ 0.0105

-3.35%

$ 0.000603


Share:

Read More

Bitcoin sees $1B ETF inflows after brutal outflow streak, setting up the clearest path to $90,000

Bitcoin sees $1B ETF inflows after brutal outflow streak, setting up the clearest path to $90,000

Bitcoin has rebounded from an early-February slide that briefly pushed it to $60,000 ...
Bitcoin price rally is riding record $1.2 trillion margin debt, and the unwind could be here already

Bitcoin price rally is riding record $1.2 trillion margin debt, and the unwind could be here already

Bitcoin’s rally is riding record $1.279 trillion margin debt, and the unwind could ar...