Currencies34931
Market Cap$ 4.31T+2.72%
24h Spot Volume$ 75.79B+6.57%
DominanceBTC53.85%-0.69%ETH12.94%+1.85%
ETH Gas0.77 Gwei
Cryptorank

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


by Coin Edition
for CoinEdition
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

Read More

Litecoin Price Gains as Grayscale ETF Filing and $100M Treasury Buy Spark Whale Interest

Litecoin Price Gains as Grayscale ETF Filing and $100M Treasury Buy Spark Whale Interest

Litecoin (LTC) gained about 3% in the past 24 hours, climbing to $116 on Thursday, Se...
Shiba Inu Team Pushes ETF Case, Eyes Shibarium Growth and BONE Demand

Shiba Inu Team Pushes ETF Case, Eyes Shibarium Growth and BONE Demand

Speculation around a potential Shiba Inu (SHIB) exchange-traded fund (ETF) has gained...

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


by Coin Edition
for CoinEdition
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

Read More

Litecoin Price Gains as Grayscale ETF Filing and $100M Treasury Buy Spark Whale Interest

Litecoin Price Gains as Grayscale ETF Filing and $100M Treasury Buy Spark Whale Interest

Litecoin (LTC) gained about 3% in the past 24 hours, climbing to $116 on Thursday, Se...
Shiba Inu Team Pushes ETF Case, Eyes Shibarium Growth and BONE Demand

Shiba Inu Team Pushes ETF Case, Eyes Shibarium Growth and BONE Demand

Speculation around a potential Shiba Inu (SHIB) exchange-traded fund (ETF) has gained...