🚨 Nasdaq has approved the listing of Canary Capital's Staked INJ ETF — the first-ever staked Injective ETF in the US. It will trade under the ticker INJC.
Injective (INJ) jumped around 8.5% to about $8.26 on the news, up roughly 22% from its November 3 low of $6.82.
The fund plans to stake at least 90% of its INJ holdings, with a 1.10% annual sponsor fee and BitGo as custodian. Trading can't begin until the S-1 registration statement becomes effective with the SEC.
#Injective #INJ #ETF #Nasdaq #Crypto #CryptoNews #DeFi #Zimbuck
Injective (INJ) jumped around 8.5% to about $8.26 on the news, up roughly 22% from its November 3 low of $6.82.
The fund plans to stake at least 90% of its INJ holdings, with a 1.10% annual sponsor fee and BitGo as custodian. Trading can't begin until the S-1 registration statement becomes effective with the SEC.
#Injective #INJ #ETF #Nasdaq #Crypto #CryptoNews #DeFi #Zimbuck
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