Canary Capital Brings Injective to Nasdaq With New INJ Staked ETF
Canary Capital has launched an exchange-traded fund for Injective’s INJ token, allowing investors to gain exposure to the cryptocurrency and earn potential staking rewards. Meeting Demand for Specialized Blockchain Networks Digital asset investment management firm Canary Capital has launched an exchange-traded fund…
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Explained in this story
Exchange-traded fund
An investment fund that holds a basket of assets, such as the shares in an index, and trades on a stock exchange like a single share.
ETFs offer low-cost, diversified investing and are a fast-growing way people save.
More about Exchange-traded fundCryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyBlockchain
A shared digital ledger in which records are grouped into blocks and linked so that past entries are very hard to change.
It underpins cryptocurrencies and is tested for payments, supply tracking and record keeping.
More about BlockchainMore in Finance
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