Ethereum News Today: Cboe Files Staked INJ ETF, Third U.S. Staked Crypto ETF as Regulatory Shift Gains Momentum

Cboe has initiated the process to list a staked Injective (INJ) exchange-traded fund (ETF) developed by Canary Capital, marking a potential milestone in the evolution of crypto-backed investment products. The filing, which aligns with recent approvals for staked Ethereum (ETH) and Solana (SOL) ETFs, underscores a broader institutional shift toward staking-enabled assets. If approved, this would be the third staked crypto ETF in the U.S. market, following the ETH and SOL offerings [1].

The staked INJ ETF, structured by Canary Capital, aims to provide investors with exposure to Injective, a Layer-1 blockchain platform focused on financial applications, while generating passive income through staking rewards. This mechanism allows traditional investors to access crypto yields without directly managing digital wallets or validator nodes [1]. For Injective, the product could amplify liquidity and visibility, particularly as the protocol has garnered support from major industry players like Binance. The ETF’s regulatory compliance framework may further bridge gaps between institutional investors and decentralized finance (DeFi) ecosystems [1].

The growing acceptance of staked ETFs reflects a significant regulatory shift. Previously viewed as complex or risky, staking-backed products are now gaining traction as U.S. authorities appear to soften their stance. Cboe’s filing follows a series of approvals for staked ETH and SOL ETFs, suggesting a nascent category of crypto ETFs centered on yield generation is emerging [1]. This trend could extend to other Layer-1 tokens, such as Avalanche (AVAX) or Cosmos (ATOM), if market demand persists.

The implications for the broader crypto sector are notable. By offering regulated access to staking rewards, these ETFs may attract a wider pool of capital into blockchain networks. For instance, the ETH and SOL staked ETFs have already demonstrated the appeal of combining asset exposure with yield generation. A similar model for INJ could accelerate adoption of DeFi protocols and Layer-1 blockchains, particularly those with strong utility and infrastructure [1].

Critically, the success of this ETF hinges on regulatory timelines and market sentiment. While the approval process remains opaque, the rapid filing of multiple staked ETFs indicates exchanges are aggressively positioning themselves in this space. Cboe’s move also highlights the competitive dynamics among traditional financial institutions and crypto-native firms, as they vie to offer innovative products that cater to evolving investor demands [1].

The filing by Cboe and Canary Capital signals more than a product launch—it reflects a maturing crypto investment landscape. As staking becomes a mainstream feature of digital asset strategies, the line between traditional finance and blockchain ecosystems continues to blur. Investors and regulators alike will be watching closely to see how this trend unfolds and whether it paves the way for further innovation in crypto derivatives and structured products [1].

Source: [1] Cboe Files to List Staked INJ ETF from Canary Capital (https://coinmarketcap.com/community/articles/6888ed98fcaaf324124259fc/)