SEC Receives Application for Canary Staked INJ ETF, Potentially Reshaping Digital Asset Investments

Canary Capital has officially submitted an application to the U.S. Securities and Exchange Commission (SEC) for a novel investment product: an ETF focused on INJ token staking. This move signals a potential shift in digital asset investments as institutions increasingly seek yield-generating opportunities within the blockchain space. 🤔 The SEC’s receipt of this application is significant, highlighting Canary Capital’s ambition to connect institutional investors with the dynamic world of digital assets. 📈 The ETF, which targets INJ token staking, could significantly impact Injective (INJ) market liquidity and the regulatory landscape for crypto ETFs as a whole.