The U.S. SEC, that ever-watchful shepherd of Wall Street’s flock, has flung open the gates for public commentary on Canary Capital’s proposed staked Injective ETF-a 21-day circus where voices from the hinterlands may shout their truths into the void. 🗣️
The SEC, that stoic guardian of Wall Street’s gates, has declared open season on opinions regarding the staked $INJ ETF.
Twenty-one days to sway the fate of a fund that might one day trade on the Cboe BZX Exchange-a place where hope and volatility collide.
– Injective 🥷 (@injective) August 25, 2025
The Canary Staked Injective ETF, if birthed into this world, would track the Injective token’s every twitch while siphoning staking rewards into its coffers. Should the SEC nod yes, it’ll set up shop on the Cboe BZX Exchange, where fortunes are won and lost faster than a dust storm in Oklahoma. Canary, ever the pioneer, planted a trust structure in Delaware back in June-a bureaucratic seedling that might bloom into ETF glory. Meanwhile, 21Shares already tills similar soil in Europe with its Injective Staking ETP. Why let the Old World have all the fun? 🌍
This latest maneuver follows Canary’s flirtation with the “Made in America” crypto ETF, a bouquet of U.S.-based projects like Uniswap (UNI), Chainlink (LINK), and Solana (SOL), garnished with staking for tokens that play nice with proof-of-stake. And don’t forget the cherry on top: the spot Trump (TRUMP) ETF, filed this week after a trust was registered in August. Because why not merge politics and speculation? 🎪
The staked Injective ETF rides the crest of a regulatory wave, buoyed by the SEC’s recent embrace of staking-linked funds. Once a skeptic, the agency now whispers sweet nothings about proof-of-stake activities falling outside securities laws-a volte-face so dramatic it’d make a soap opera blush. The first Solana staking ETF, birthed last month under REX-Osprey, marked this sea change. The tide is turning, friends. Or maybe it’s just a mirage. 🌊
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2025-08-27 12:02