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Canary Capital to Integrate INJ Staking Rewards into ETF Structure

Canary Capital's new ETF will stake INJ tokens to generate additional returns for investors.

Canary Capital's new ETF will stake INJ tokens to generate additional returns for investors. Injective (INJ) is trading at ₹752 ($7.95), down 1.4% since this brief published. This is an original Token Times brief based on reporting by Crypto Economy, with live market data added, as of Thu, 22 Oct 2026 16:15:01 UTC.

Why it matters

This development marks a novel approach to integrating staking rewards into ETF structures, potentially setting a precedent for other crypto funds and increasing demand for INJ tokens.

Key takeaways
  • Canary Capital's ETF will stake most INJ tokens to earn rewards.
  • Rewards will be reinvested to increase INJ backing per share.
  • Fund maintains liquidity reserve for redemptions and unbonding periods.
  • INJ price down 7.79% in 24 hours amid broader market decline.

Canary Capital has announced a new structure for its Injective (INJ) ETF that will integrate staking rewards into the fund's operations. The firm plans to stake most of the INJ tokens held by the ETF to generate additional returns for investors.

The staking rewards will be reinvested into the fund, increasing the amount of INJ backing each share. This approach aims to enhance the fund's value over time by leveraging the staking mechanism inherent to the Injective protocol.

To manage the 21-day unbonding period required for unstaking INJ tokens and to ensure liquidity for redemptions, the fund will maintain a reserve of liquid assets. This reserve will help mitigate potential risks associated with the unbonding process.

The announcement comes as the broader crypto market experiences a downturn, with Bitcoin down 3.14% in the last 24 hours and the overall market cap at $2.81 trillion. Injective's native token, INJ, has also seen a decline of 7.79% in the same period, although it has gained 13.14% over the past week.

The integration of staking rewards into an ETF structure is a novel approach that could set a precedent for other crypto funds. It highlights the growing sophistication of crypto investment products and the increasing adoption of staking as a means of generating returns.

Market reaction since this brief Live

Since this brief published about 2 hours ago, Injective (INJ) has moved from ₹762.43$8.06 to ₹752.02$7.95 — -1.36%.

$7.93$7.97$8.01$8.04$8.08 published · $8.06 now · $7.95 (-1.36%) Oct 22 14:27 UTC Oct 22 16:15 UTC
BeforeSince publishPublished · ₹762.43$8.06

The chart plots INJ's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in rupee

At today's peer-to-peer rate, 1 INJ ≈ ₹829.58 (about $7.95), down 8.9% over 24 hours. The rupee itself trades about 10.3% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

#86
₹752.02$7.95 ▼ 8.88%
-1.36% since this brief published
7d +4.78%MCap ₹75.30BFull INJ data →
The market when this published · October 22, 2026
Total market cap₹265.73T
Bitcoin 24h-3.14%
Ethereum 24h-3.38%
BTC dominance58.5%
Fear & Greed68 · Greed

Canary Capital to Integrate INJ Staking Rewards into ETF Str — questions & answers

How will the staking rewards be used?

The rewards will be reinvested into the fund to increase the amount of INJ backing each share.

What is the purpose of the liquidity reserve?

The reserve ensures the fund can manage redemptions and the 21-day unbonding period for INJ tokens.

Why is this development significant?

It demonstrates the innovative integration of staking into traditional investment vehicles and could influence future crypto ETF structures.

How much is 1 Injective worth in rupee today?

About ₹829.58 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $7.95. The rupee price moves with both INJ's US-dollar price and the USDT/INR rate; use our Injective in rupee page for any amount.

Has Injective's price moved since this brief was published?

INJ is down 1.36% since this brief first published — trading at ₹752 ($7.95) now versus ₹762 ($8.06) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from Crypto Economy. It is not a copy of any one article — follow the source links above for the original reporting.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 22, 2026 ⛓ Timestamped at Bitcoin block #972,625 sha256:576a04dc30041a4f
Based on reporting by Crypto Economy — this is an original Token Times summary with live market data, not the original article.Crypto Economy · Oct 22 14:27 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.