crypto.news 2025-06-10 07:31:49

Staked Injective ETF in sight as Canary Capital registers Delaware trust

Canary Capital has registered a Delaware trust for a staked Injective ETF, marking an early step toward potentially launching a tradable INJ product in the U.S. Canary Capital has established a trust for an exchange-traded fund offering exposure to staked Injective ( INJ ). The trust, named “Canary Staked INJ ETF,” was registered with the Delaware Division of Corporations and is designed to provide staking-based returns linked to the Injective blockchain. While this filing does not guarantee the fund will launch, it follows the common path taken by many crypto ETF issuers. A similar INJ product already exists in Europe, where asset manager 21Shares offers an Injective ETP that captures staking yield. You might also like: Sui faces further sell-off risk as SEC delays Canary Capital’s spot SUI ETF decision This move follows the firm’s earlier filing for a Staked Cronos ( CRO ) ETF in May, which aims to offer investors access to Cronos tokens and associated staking yields. The company is also awaiting a decision from the U.S. Securities and Exchange Commission on its proposed spot Sui ( SUI ) ETF, following a delayed response from the regulator earlier this month. Additionally, Canary Capital recently registered a Delaware trust for a Staked Sei ( SEI ) ETF, marking an initial step toward launching a product that would offer investors exposure to SEI token staking rewards. Just days earlier, the firm submitted a Form S-1 for a Staked Tron ( TRX ) ETF, outlining similar staking mechanics. Beyond these, Canary has also filed proposals for ETFs tied to Solana ( SOL ), Axelar ( AXL ), and Ripple ( XRP ), and has submitted a unique filing for an ETF tracking the Pudgy Penguins ( PENGU ) ecosystem—combining exposure to the PENGU governance token and associated NFTs. You might also like: Canary Capital registers Delaware trust for staked Sei ETF