Canary Capital Files SEC Application for Staked INJ ETF

Canary Capital has submitted an S-1 application to the U.S. SEC for the Canary Staked INJ ETF, potentially the first to offer regulated staked INJ token exposure.

This move signifies a milestone for both retail and institutional investors seeking regulatory-approved routes to access Injective’s native token INJ.

SEC Application Could Pave Way for Crypto Staked ETFs

Canary Capital, a notable player in the ETF sector, has sought approval for a novel ETF that incorporates staking with the native token of Injective, aiming to bridge traditional and decentralized finance. The application submission to the SEC on July 17, leverages underpinnings of secure asset management and seeks to capitalize on Canary’s past experiences in crypto ETFs.

The potential launch of this ETF may catalyze wider adoption of INJ by providing a regulated channel for investors, potentially increasing market participation and liquidity. BitGo, a significant player managing institutional assets, supports secure staking procedures.

On the reaction front, Injective’s community response has been enthusiastic, noting the ETF as a crucial step for gaining mainstream acceptance. Official channels, including @injective Twitter, reflect widespread support, portraying the ETF as a pivotal pathway for institutional and retail access to staking rewards.

Surge in INJ Market Engagement Amid ETF News

Did you know? In a historical context, the interest in crypto ETFs has surged, as demonstrated by Bitcoin ETFs drawing $1.18 billion in a single day on July 10, 2025. Such numbers contextualize the scale and demand for structured crypto investment vehicles.

CoinMarketCap data as of July 17, 2025, lists Injective (INJ) trading at $14.05, with a market cap of $1.40 billion. The token’s backdrop shows a significant 78.63% increase over 90 days, while its daily trading volume saw a 15.05% increase to $203.39 million, highlighting robust market engagement and investor interest.

The Coincu research team identifies potential regulatory challenges and technological integration aspects inherent to the ETF’s approval process. A favorable outcome could materially enhance investor confidence in crypto staking via institutional-grade infrastructure, further strengthening INJ’s position in the market.