Canary’s Staked Injective ETF Starts Trading on Nasdaq, With at Least 90% of INJ to Be Staked
JH Kim
Summary
- Canary’s staked Injective (INJ) exchange-traded fund (ETF) has started trading on the US Nasdaq market.
- The ETF listed on Nasdaq under the ticker symbol 'INJC'.
- The ETF is structured to stake at least 90% of the INJ it holds.
Forecast Trend Report by Period
Canary’s staked Injective exchange-traded fund has started trading on the Nasdaq market in the US. The fund will stake at least 90% of the INJ it holds.
Bloomberg Intelligence ETF analyst James Seyffart said on November 5 that Canary’s staked Injective ETF had listed on Nasdaq under the ticker symbol "INJC."
The ETF is structured to stake at least 90% of its Injective holdings.
Staking involves depositing virtual assets, or cryptocurrencies, to participate in operating a blockchain network and earn rewards.
JH Kim
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