Canary Capital proposed a product offering exposure to the native token of the Injective blockchain as it continues its crypto ETF filing spree.

The New York-based fund group’s latest ETF proposal comes as interest in staking-based products accelerates, Canary notes.

The Canary Staked INJ ETF would hold INJ directly and stake a portion of the assets it holds, according to a Thursday filing submitted to the SEC. The filing did not specify the amount it would stake or the staking provider.  

The Injective layer-1 blockchain focuses on letting developers create financial applications. INJ’s market capitalization sits at roughly $1.3 billion — ranking it 89th largest among…

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