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Nasdaq Approves Listing of Canary's Staked Injective ETF

(3 hours ago) · 1 source · Summarized by CryptoBipto

Nasdaq has approved the listing of an exchange-traded fund (ETF) from Canary Capital that would hold staked Injective (INJ) tokens. This represents one of the first ETFs to combine exposure to a specific altcoin with staking yield in a traditional exchange-listed product.

WHY IT MATTERS

An ETF, or exchange-traded fund, is a product that lets people invest through a regular brokerage account without having to buy or manage the underlying asset directly.

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SOURCES

  • thedefiant.io

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INJETFsStakingInjectiveInstitutional AdoptionNasdaq