Canary Capital proposes an Injective (INJ) ETF that reinvests staking rewards back into the fund rather than distributing cash to shareholders. The fund delegates tokens to validators on the Injective network, with staking rewards paid in INJ tokens. After fees, rewards increase the fund's net asset value and are typically restaked. A reserve of tokens will be held to ensure liquidity for redemptions, as unstaking takes 21 days and carries risks such as slashing penalties. This structure aims to provide exposure to staking rewards while managing custody, fees, and liquidity challenges. Regulatory approval and trading launch are still pending.
Following Canary Capital's proposal for an Injective (INJ) ETF that reinvests staking rewards, INJ is currently priced at Rp144.016 on Pluang as of Oct 23, 2026 00:31 WIB. The token's market cap stands at Rp14,38 trillion with a 24-hour trading volume of Rp2,32 trillion. Despite the ETF news, INJ has seen a 7.09% decline in the last day, with Pluang order activity heavily skewed towards selling at 90%, and typical holders keeping their tokens for about 38 days.
The price of Injective's native token, INJ, fell 7% to $8.15 in a 24-hour period ending October 22. This decline was captured in a specific market snapshot and does not indicate the cause of the drop. Injective operates a monthly Community BuyBack pr...
A projection based on trendline analysis suggests Injective (INJ) might reach $100 around 2029, contingent on breaking and retesting the $50–$53 resistance zone. Increased active addresses and developer activity support the token's potential but do n...
Injective (INJ) has burned over 7.27 million tokens through its Burn Auction and Community BuyBack programs, with the latest burn of about 29,246 INJ completed on September 30. Despite these burns, the total supply increased to nearly 123 million INJ...
Injective (INJ) price fell 9.34% to $8.28 due to a surge in token deposits to centralized exchanges, signaling increased sell pressure. On-chain data shows heavy wash trading inflating reported volume, with 94.2% of transfers flagged as non-genuine, ...
Injective has permanently removed over 7.2 million INJ tokens from circulation through its monthly Community BuyBack program and an earlier burn auction. Participants commit INJ tokens to the buyback events and receive a share of ecosystem revenue be...
