INJ Jumps 23% in a Day, Up 70% in a Month on ETF Filings and RWA Push

The move looks less like broad-market beta than a repricing around Injective's attempt to become an institutional venue rather than just a DeFi chain. The ETF filings and the transfer agent registration matter because they target the two things institutions need before touching a token: a regulated wrapper and a compliance-ready rails layer. The mortgage portfolio announcement is the more unusual signal, since it points to real-world assets rather than crypto-native activity. Whether open interest keeps building alongside that narrative, or fades once the filings sit idle at the SEC, is the open question.