Nasdaq has scheduled the Canary Staked INJ ETF to list on November 5 under the ticker INJC, according to an exchange notice dated November 4. The notice identifies The Nasdaq Stock Market as the affected market and sets out how the product’s market data will be distributed.
The Nasdaq trader alert supplies a specific exchange, ticker and listing date. That advances the timeline beyond the proposed-product stage described in Canary’s September registration amendment. The earlier filing described a plan to list on Cboe BZX; the November exchange notice identifies Nasdaq for this listing.
Nasdaq says quotation and trade data will be disseminated through UTP Level 1, Nasdaq Basic, Nasdaq Level 2 and Nasdaq TotalView-ITCH. These are the named distribution channels through which market participants can receive the exchange’s quote and transaction information for the ETF.
Daily valuation information is also scheduled to begin on November 5. The notice says those valuations will be widely disseminated and displayed through major index service providers. It lists this daily valuation information separately from quotation and trade data, giving readers two distinct data categories to track as the listing begins.
Flow Traders U.S. LLC, identified by the code FLTG, will be the designated liquidity provider. Nasdaq also says firms may register as market makers beginning November 5 by contacting its trading services team.
The exchange requires purchasers of newly issued ETF shares to receive a prospectus or product description. Its alert establishes the announced listing arrangements and date; it does not report an opening trade, trading volume or a realized staking return.
Earlier coverage of this event: Canary updates proposed staked INJ ETF with liquidity and validator risk details.