Summary:
- Canary Capital, an investment firm, has filed with the U.S. Securities and Exchange Commission (SEC) to create the first U.S. staked INJ (Injective) exchange-traded fund (ETF).
- The proposed ETF would allow investors to gain exposure to the Injective blockchain and its native token, INJ, which is used for staking and governance.
- If approved, the ETF would provide a convenient way for investors to participate in the Injective ecosystem without having to directly hold or manage the INJ tokens.