Chicago Board Options Exchange submits 19b-4 filing for Injective ETF

Source
Uk Jin

Summary

  • The Chicago Board Options Exchange has reportedly submitted an official application to the SEC to launch an Injective (INJ) ETF.
  • It stated that the ETF is expected to be the first Injective-based product to include staking functionality.
  • On the same day, the Chicago Board Options Exchange also submitted pre-registration documents for a Solana (SOL) spot ETF.

The Chicago Board Options Exchange (CBOE) has officially submitted an application to the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking Injective (INJ).

According to the cryptocurrency-focused media outlet The Block on the 28th (local time), the Chicago Board Options Exchange filed a proposed rule change (19b-4) for Canary Capital's 'Canary Staked INJ ETF'. This product was first proposed earlier this month, and if approved, it is expected to be the first Injective-based ETF with a staking feature.

On the same day, the Chicago Board Options Exchange, together with asset manager Invesco Galaxy, also submitted pre-registration documents for a Solana (SOL) spot ETF.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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