The crypto world is buzzing with Solana news as the Chicago Board Options Exchange (CBOE) takes a bold step toward listing a staked INJ ETF. This could be the third staked crypto ETF in the U.S., following Solana (SOL) and Ethereum (ETH). Here’s what you need to know.
What Does the CBOE’s 19b-4 Filing Mean for Staked INJ ETF?
The CBOE has submitted a 19b-4 filing to list a staked Injective (INJ) ETF on its BZX platform. Proposed by Canary Capital, this ETF aims to generate staking rewards through an approved staking platform. If approved, it would track the performance of INJ, a DeFi protocol focused on derivatives trading.
How Does This Fit Into the Current Regulatory Landscape?
The SEC’s May 2025 ruling clarified that staking does not violate securities laws, removing a major barrier for staked ETFs. Alison Mangiero of the Crypto Council for Innovation called this “a major step forward” for the U.S. crypto industry.
What Are the Market Implications for INJ and Solana?
INJ is currently trading at $15.10, down 71% from its 2024 high. ETF approval could boost liquidity and visibility, but Ethereum’s recent 38% drop post-ETF debut shows risks remain. The SEC’s review could take until March 2026, so patience is key.
Why Are Staked Crypto ETFs Gaining Traction?
Staked ETFs blend traditional fund structures with blockchain-based yield generation, offering liquidity and passive income. The CBOE’s push for staked SOL and INJ ETFs reflects growing institutional demand.
Frequently Asked Questions (FAQs)
1. What is a staked INJ ETF?
A staked INJ ETF would allow investors to gain exposure to Injective’s token while earning staking rewards, all within a regulated framework.
2. How does this compare to Solana’s staked ETF?
Both aim to offer staking rewards, but INJ’s focus on DeFi derivatives trading adds a unique layer of complexity and potential.
3. When will the SEC decide on the staked INJ ETF?
Initial feedback is expected by September 2025, but a final decision could take until March 2026.
4. What are the risks of investing in a staked crypto ETF?
Price volatility, regulatory changes, and staking protocol risks are key concerns. Ethereum’s post-ETF drop is a cautionary tale.
