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Wall Street Plays Catch-Up: Canary Capital Files for First-Ever Staked Injective ETF
Wall Street Plays Catch-Up: Canary Capital Files for First-Ever Staked Injective ETF
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Move over, boomer funds—Canary Capital just dropped a regulatory bombshell by registering a trust for the first staked Injective (INJ) ETF. Because apparently, traditional finance finally realized yield exists outside 0.5% savings accounts.
The filing—quietly submitted to the SEC—marks a watershed moment for crypto-native yield strategies crashing the institutional party. Staking rewards meet ETF convenience, with all the paperwork and none of the private key headaches.
While Wall Street debates 'volatility risks,' Canary's move screams quiet confidence in DeFi's infrastructure. One problem: the SEC still moves at dial-up speeds. Place your bets on whether this clears before the next Bitcoin halving.
Canary Capital has come up with a huge step in introducing a new cryptocurrency product by registering a trust for its Staked Injective (INJ) ETF in Delaware. This step brings the organisation closer to offering an exchange-traded fund in the United States. It will... Read More
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