The floodgates for crypto ETFs are opening wider. Fresh on the heels of the historic Bitcoin ETF approvals, the SEC is now considering a new type of fund: one that earns rewards through “staking.”
The latest contender is the Canary Staked INJ ETF, which has entered a crucial 21-day public feedback period.
This isn’t an isolated case. Last week, VanEck threw its hat in the ring with a proposal for a JitoSOL ETF. This brewing competition underscores a major shift, as financial giants rush to offer products that not only track crypto prices but also put investors’ assets to work.
The coming months will reveal if regulators are ready to greenlight this more complex—and potentially more rewarding—strategy.
