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Altcoins & DeFi

Canary outlines how staking would work inside INJC ETF

Image: Blockchain.News

Injective (INJ)has outlined how the planned Canary Staked INJ ETF, or INJC, is designed to handle staking inside the fund, describing a structure in which most of the ETF's INJ would be delegated to validators and net rewards would be restaked. The explanation matters because it shows how staking income, custody and redemption liquidity are intended to work together, even as the article itself does not establish ETF approval or trading status, according to Injective's Oct. 21, 2026 post. Injective said Canary Capital, as sponsor, would run the staking program through third-party staking providers rather than operate its own validator. The fund's custodian would control the private keys for staked INJ, while the staking providers would handle delegation to validators on the Injective network.

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