ChainCatcher news, according to Cointelegraph, fund manager Canary Capital has established a trust in Delaware named "Canary Staked INJ ETF," aimed at launching a fund based on staking Injective tokens. This move is the first step toward launching the ETF, typically done before submitting further documentation to the U.S. Securities and Exchange Commission (SEC). The native token of Injective, INJ, has risen by 3.7% in the past 24 hours, reflecting a positive market reaction to the news.