28 Aug 2025
📈SEC Proposal for Cboe BZX Exchange to List Canary INJ ETF
Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing of a Proposed Rule Change To List and Trade Shares of the Canary Staked INJ ETF Under BZX Rule 14.11(e)(4), Commodity-Based Trust Shares
Summary
The SEC has published a notice regarding a proposed rule change by Cboe BZX Exchange to list and trade shares of the Canary Staked INJ ETF. This proposal aims to allow investment in a new commodity-based trust that holds the INJ token, enhancing market access and potentially providing new trading opportunities for investors.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change allows the listing and trading of the Canary Staked INJ ETF, providing businesses with an opportunity to engage with a new investment vehicle focused on the Injective Network. This could affect market accessibility and foster competition among other financial products, influencing market participants and investors alike.