Canary Capital to Launch a Staked INJ ETF

A staked Injective (INJ) ETF might be on the horizon after Canary Capital quietly formed the “Canary Staked INJ ETF” trust in Delaware.

The move mirrors the firm’s April filing for a TRX staking ETF, suggesting a growing focus on yield-generating crypto products.

While Delaware trusts don’t always lead to live funds, they’re a necessary first step—one taken by most major crypto ETFs. With 21Shares already offering a similar ETP in Europe, the question is whether U.S. regulators will greenlight Canary’s vision. The company remained silent when contacted for details.