Canary’s Staked INJ ETF Begins Trading on the Nasdaq Exchange

Canary’s staked INJ exchange-traded fund began trading on Nasdaq, with terms that include an expected 70% retention of staking rewards, a separate 1.10% annual sponsor fee and other expenses.

The fund expects to retain 70% of staking rewards. The 1.10% sponsor fee is a separate annual charge, and other expenses also apply. The retention figure and fee describe different parts of the fund’s stated terms: one concerns staking rewards, while the other is the annual sponsor charge.

The product is an ETF tied to staked INJ, and its trading debut took place on Nasdaq. Its key stated figures are a 70% expected retention of staking rewards and a 1.10% annual sponsor fee, with other expenses in addition. The reward-retention rate and fee are the terms accompanying the trading start. The terms distinguish the share of rewards retained from the annual fee.