Nasdaq Lists Canary’s Staked INJ ETF, Adding Another Route to Altcoin Exposure

Brief

By Dextape Desk · November 8, 2026

Nasdaq began listing the Canary Staked INJ ETF under the ticker INJC on November 5, based on an exchange trader notice issued November 4 and an announcement from Canary Capital. The fund is meant to track Injective token holdings and generate staking income, but owning fund shares differs from holding or controlling INJ directly. Canary says the fund's asset value will incorporate staking rewards, though the article stresses that expenses, staking setups, validator results and timing can all change what shareholders receive. The notice names a designated liquidity provider, yet the listing alone does not establish investor demand, steady liquidity or where shares will trade compared with underlying value. Because the underlying market may be thinner and its network risks more specialised than Bitcoin's, the article suggests tracking shares outstanding, assets under management, flows, spreads, volumes, fees and how staking income is recorded.

Why it matters: The listing offers a brokerage-based route to Injective token economics through staking, though the fund carries fees and a structure that differs from direct token ownership.

Mentioned: Bitcoin, Nasdaq

Summary by Dextape, based on reporting by NewsBTC. Machine-written from NewsBTC’s report and checked against it · How Dextape writes