Canary Capital plans ETF for staking Injective token, gaining investor interest and slight regulatory concerns.

From Cointelegraph
June 10, 2025 01:47 AM:

Canary Capital creates trust in Delaware for potential INJ ETF, offering staking exposure to Injective token. No details on fund yet but similar ETFs started with Delaware trust. Injective token gains 3.7% as X account shares news. INJ up over 10.5% on the week with slight uptick in transactions. SEC raises concerns over legality of crypto-staking ETFs, but analysts optimistic about overcoming legal hurdles.

Read more at Cointelegraph: Canary Capital filing shows plan for staked Injective ETF