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Canary Capital proposed staking INJ ETF, the Injective Foundation launches Trench Treasury to support ecosystem development

PANews October 6 reported, citing The Block, that asset management firm Canary Capital said its proposed staking Injective ETF(Staked INJ ETF) is “coming soon,” and the ETF ticker is INJC. The product is intended to provide investors with INJ token exposure and potential returns through staking. In addition to ETF developments, the Injective Foundation announced the launch of a new ecosystem support program, Trench Treasury. The program will focus on INJ token ecosystem projects, aiming to support projects built on Injective and reward community members who actively participate in ecosystem development.Canary Capital had previously established multiple types of crypto asset investment products, and the launch of staking INJ ETF also reflects the market's interest in...

Source: https://www.panewslab.com/zh/articles/01a10f63-c6fd-70f3-a56b-7f8d4c4a1a0c