⭐️ BREAKING: SEC Acknowledges Staked $INJ ETF Filing from Canary Capital!

This is a significant development that the entire crypto space is watching.

What Happened? The U.S.Securities and Exchange Commission (SEC) has officially acknowledged the receipt of a 19b-4 filing for a staked Injective ($INJ) ETF, submitted by the Cboe BZX Exchange on behalf of Canary Capital.

This is not an approval, but it is the critical first step in the regulatory process. The SEC now has a set timeframe to review the proposal, request changes, or make a decision.

Why is this a BIG deal?

1. First of its Kind: This is the first-ever staked crypto ETF to be filed in the US. Unlike a spot Bitcoin ETF that just holds the asset, a staked ETF would actively participate in network security (staking) to generate rewards for investors.

2. Beyond Bitcoin & Ether: It signals a potential expansion of the crypto ETF universe beyond $BTC and $ETH, recognizing the value and innovation within Layer 1 ecosystems like Injective.

3. Validation of Staking: The concept of "staking" as a legitimate yield-generating mechanism is being put before US regulators in a major way. An approval would be a massive endorsement for Proof-of-Stake networks.

What's Next? The SEC will open the proposal for public comment and undergo a detailed review.The process will be closely scrutinized. While an approval is not guaranteed, this filing alone pushes the entire industry forward.

What does this mean for $INJ? This is a powerful testament to the strength and institutional interest in the Injective protocol.It brings immense visibility and potential for new capital inflows.

This is more than just an ETF filing—it's a test case for the future of regulated crypto yield products.

#INJ #ETF #Staking #SEC #CryptoNews #Bullish #writetoearn