Canary Capital’s Staked INJ ETF Debuts on Nasdaq

The notable wrinkle is the staking component: folding rewards into NAV makes this a yield-bearing crypto ETF rather than plain spot exposure, a structure that raises questions about how the staking mechanics and their risks are disclosed to buyers. It matters most for asset managers testing how far U.S. exchange listings can stretch beyond vanilla tokens, and for competing issuers weighing similar staking designs. Whether staking-inclusive ETFs attract durable demand, or remain a niche wrapper, is the open question.