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21Shares Updates S-1 for Injective ETF on Nasdaq with Staked Ethereum Holdings

Guavy AI Editorial Team
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21Shares has updated its S-1 filing for an ETF tied to Injective (TINJ), listed on Nasdaq. The fund's holdings will be staked between 40% and 60% with Ethereum address e28b3b32b6c345a34ff64674606124dd5aceca30. The benchmark for this ETF is the FTSE Injective Index, and administration and custody services are provided by BNY Mellon.

The introduction of yield-bearing Ethereum-based ETFs marks a new category within digital assets. This move positions major blue chip coins alongside traditional assets in terms of investment offerings.

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