Cboe BZX don file for Canary Staked INJ and Solana ETF
Cboe BZX don file application for SEC to put dem list di Canary Staked INJ ETF. Dis new crypto ETF wey come from Canary Capital dey follow Injective (INJ) price movements tey dey put staking rewards together inside one product wey go dey generate yield. Di filing na di first step for SEC two-step approval process for digital-asset ETFs and e come together wit one parallel submission for Invesco Galaxy Solana ETF. Traders suppose dey watch for SEC feedback: if dem approve am, e fit increase INJ liquidity and open fresh way for institutional money to enter Injective ecosystem. If dem greenlight am, di Staked INJ ETF fit make way for other staking ETFs for Ethereum (ETH), Solana (SOL), and Cardano (ADA), but custody security, yield volatility, and regulatory uncertainty still dey remain big risks.
Bullish
Di SEC application wey dem put for Canary Staked INJ ETF na better tin for INJ. For di short term, di filing and di publicity wey follow fit make traders dey more interested to trade plus make speculators dey chase am cos dem dey expect di approval. Institutional on-ramps through regulated ETF fit boost INJ liquidity well well and come reduce di wahala wey dey for entering market. For di long run, if dem approve am, di Staked INJ ETF fit set framework for other similar staking products for other PoS protocols, e go make institutions dey use am more and e go create stable yield demand. Even though regulatory uncertainty, custody risks, and yield volatility still dey, di overall effect for INJ supply-demand concern na beta one.