Cboe Files Applications for Canary Staked INJ Fund and Invesco Spot Solana ETF

According to Jinse Finance, Cboe BZX Exchange submitted two cryptocurrency ETF applications to the SEC on Monday: a staking-based INJ fund initiated by Canary and a Solana spot ETF jointly launched by Invesco and Galaxy. Both applications represent the first step in the SEC’s approval process. The Canary fund tracks Injective’s native asset INJ and incorporates a staking mechanism. Currently, under the Trump administration, the SEC’s review environment has become more relaxed, and it is simultaneously evaluating several fund proposals, including those for DOGE, SOL, and XRP. Previously, the SEC’s Division of Corporation Finance indicated that certain staking activities do not constitute securities offerings, sending a positive signal for staking-based ETFs.