EL7.AI
CryptoMediumUpdated•Originally published 6 October 2026•Updated 6 October 2026•
1 min read

Canary Capital Files for INJ ETF as Injective Foundation Launches Trench Treasury

Key Facts

1The Injective Foundation launched the Trench Treasury initiative to bolster the ecosystem.
2Canary Capital filed with the SEC for a Staked Injective (INJ) ETF.

Canary Capital filed with the U.S. Securities and Exchange Commission (SEC) for a Staked Injective (INJ) ETF. According to AMBCrypto, the proposed trust aims to offer institutional exposure to INJ while generating additional rewards through active participation in the protocol's staking program.

The Injective Foundation simultaneously launched the Trench Treasury initiative to bolster ecosystem growth and support smaller development teams with liquidity and rewards. Reports indicate that Injective’s perpetual volume rose to $54 million, though spot netflows dropped to -$1.12 million as the asset traded within a range of $7.5 to $7.7.

Latest Updates · 1

  1. Notable·

    Update: The Injective Trench Treasury commenced its first INJ reward distributions on October 6, 2026. The initial grants were awarded to the Sprout and RunUp projects as part of the foundation's broader effort to support ecosystem liquidity and development.