Cboe Shakes Up Crypto Markets: Files to List Canary’s Staked Injective ETF
Wall Street meets DeFi as Cboe makes its move—staking its claim in the crypto ETF gold rush.
Staking gets institutional: The Chicago Board Options Exchange (Cboe) just dropped a bombshell filing for Canary’s staked Injective ETF. Traders, start your engines—this could be the bridge between traditional finance and yield-hungry crypto natives.
Why it matters: While hedge funds still can’t decide if crypto is an asset class or a meme, Cboe’s play signals serious institutional appetite. The staking twist? That’s just Wall Street’s latest attempt to siphon DeFi yields—with a 2% management fee, naturally.
Bottom line: Another brick in crypto’s path to legitimacy—or another way for finance giants to repackage decentralized innovation as their own. Either way, the game’s changing fast.