Nasdaq has cleared the Canary Staked INJ ETF for listing under the ticker INJC, according to a Form 8-A filed with the Securities and Exchange Commission. The fund, managed by Canary Capital, intends to stake at least 90 percent of its Injective token holdings and charge investors a 1.10 percent annual fee. BitGo will serve as custodian.
The approval does not permit immediate trading. The fund's registration still needs to become effective before shares can be sold to investors. If launched, the product would let traditional investors gain regulated access to INJ and staking returns without directly holding cryptocurrency or operating a wallet.
Read the full story on BSC News: Nasdaq Approves Listing of Canary Staked Injective (INJ) ETF Under Ticker INJC
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