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Injective ๐Ÿฅท (@injective): ๐Ÿšจ JUST IN: @CanaryFunds just amended its S-1 for the Staked $INJ ETF.

Estimated coin impact

Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.

๐Ÿšจ JUST IN: @CanaryFunds just amended its S-1 for the Staked $INJ ETF. The five biggest changes: ๐Ÿ‘‰๏ธ The fund is set to list on Cboe BZX under the ticker INJS. ๐Ÿ‘‰๏ธ The amendment commits to staking substantially all of its holdings, restaking the rewards back into daily NAV, and posting the staked percentage onchain every trading day. ๐Ÿ‘‰๏ธ Staking fees capped at 10% of rewards. ๐Ÿ‘‰๏ธ @BitGo Trust holds the INJ as key custodian. ๐Ÿ‘‰๏ธ NAV references the CoinDesk Injective USD CCIXber 60m New York Rate, struck at 4pm ET. The blanks are filling fast. Tick Tock โณ๏ธ

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