SEC Might Approve the First-Ever Staked ETF — Canary Shoots Its Shot With Injective

Not just holding coins. Not just an ETF. This one wants you to get staking yield too.

⚡ Quick Hits

• 🐦 Who’s behind it? Canary Capital (Steven McClurg)
• 💸 What’s new? First ETF that auto-stakes Injective (INJ)
• 📊 INJ market cap: 1.29B — token up +21% in 2 months
• 🏦 Regulator: SEC (a.k.a. Wall Street’s babysitter)
• 🚨 Big deal: First time the SEC even considers staking ETFs

🎯 Why Everyone’s Talking

Crypto ETFs are already pulling billions. Bitcoin, Ethereum — you know the drill. But this? A staking ETF is like Wall Street suddenly saying: “Yeah, you can get your passive income… but without touching DeFi.”

If it flies: – Grandma’s 401(k) could earn staking rewards. – Injective becomes the test case for DeFi inside TradFi. – Every other Layer-1 (👀 Solana, ETH) might be next.

📉 Injective Check-In

INJ is trading at 12.91 with a 1.29B market cap. Boring? Not really. It’s quietly outperformed the broader market and is up double-digits while everything else chops sideways. ETF approval could put it on institutions’ radar, turbocharging liquidity.

🏛️ SEC Vibes

Here’s the tea: if the SEC signs off, it’s not just about Injective. It’s about whether staking itself can live inside Wall Street’s favorite wrapper.

👔 Translation: – ETFs → easy button for retirement accounts. – Staking → passive crypto yield. – Together? Boom. You’ve got a TradFi-friendly DeFi machine.

🧭 Bigger Picture

If Bitcoin ETFs were Act I… staking ETFs are Act II. Canary’s gamble could open the door for funds that don’t just hold crypto but actually work it. That’s a whole new narrative.

TL;DR

• Canary Capital filed for the first-ever staking ETF with Injective.
• INJ is already flexing with +21% in 2 months.
• SEC approval would be historic: TradFi yield meets DeFi mechanics.
• Could unlock a wave of staking ETFs for ETH, SOL, and beyond.