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Canary Capital launches Staked INJ ETF, offering crypto exposure plus staking rewards.

Market News
05 Nov 2026, 23:15 WIB
Bitcoin
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Bullish
Canary Capital launches Staked INJ ETF, offering crypto exposure plus staking rewards.

Canary Capital has introduced a new exchange-traded fund (ETF) based on Injective's INJ token, allowing investors to access the cryptocurrency through traditional brokerage accounts while earning potential staking rewards. This move aims to broaden institutional adoption of Injective, a blockchain platform that has processed over 3 billion transactions and supports tokenized financial instruments. The ETF simplifies access to INJ without needing direct crypto exchange interaction, aligning with growing investor interest in specialized blockchain networks. The launch comes amid broader crypto market volatility and highlights Injective's ongoing upgrades to expand its institutional footprint.

As of Nov 06, 2026 04:35 WIB, INJ trades at Rp150.800 on Pluang, showing a notable 5.19% gain in one day. This positive momentum contrasts with the balanced order activity split of 49% Sell and 51% Buy, indicating cautious but optimistic investor sentiment. The circulating supply is fully available at 100 million INJ, supporting a market cap of Rp14.75 trillion, while the typical hold time of 38 days suggests moderate-term interest among Pluang users.

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