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blockchainOct 16, 2026AI summary

INJ Rises 27% as 21Shares Proposes Fund Holding the Token

Edited by Steinar Vigdel Kolnes, Editor, Oslo

INJ led gains among the tokens compared by The Defiant, while a proposed 21Shares fund would hold INJ directly and permit discretionary staking.

INJ Rises 27% as 21Shares Proposes Fund Holding the Token

INJ gained 27% over 24 hours, outperforming NEAR, Sei and Cosmos Hub, according to The Defiant.

The report also highlighted a proposed fund from 21Shares that would hold INJ directly. The product remains a proposal, rather than an operating fund.

The proposed structure would permit staking at the fund's discretion, making it an optional feature rather than a requirement.

Source: The Defiant

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