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Canary Capital files for Injective ETF with staking rewards but leaves fee details blank

Market News
23 Oct 2026
Tokenpost
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Neutral
Canary Capital files for Injective ETF with staking rewards but leaves fee details blank

Canary Capital submitted a preliminary filing on Sept. 24 for an Injective (INJ) ETF that plans to stake at least 90% of its INJ tokens to earn rewards. The fund's daily net asset value will reflect staking rewards, but no cash rewards will be paid to shareholders. Staking fees, which will be shared among the provider, sponsor, and custodian, have not been specified yet. The filing is still preliminary, so shares cannot be sold until it becomes effective, and rewards are not guaranteed due to market price fluctuations and the 21-day unbonding period for tokens.

Injective (INJ) tokens are currently trading at Rp148.222 on Pluang, showing a 0.76% decline in the past day. The market cap stands at Rp14,87 trillion with a 24-hour trading volume of Rp2,1 trillion. As of Oct 23, 2026 11:21 WIB, sell orders dominate at 90%, and the typical hold time is 38 days.

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