The push for staking-based crypto ETFs continues, with Canary Capital registering a Delaware trust for a staked Injective (INJ) fund.
The “Canary Staked INJ ETF” would follow the firm’s earlier TRX ETF proposal, both aiming to pass staking rewards to investors.
Delaware filings are common starting points for ETF issuers, though many never reach markets. If successful, Canary’s fund could compete with 21Shares’ existing European INJ ETP. The asset manager has yet to disclose further details.