Online reports, Cointelegraph reported that fund manager Canary Capital has established a trust fund in Delaware called the "Canary Staked INJ ETF" to launch funds based on the pledge of Impressive tokens. The move is the first step towards launching an ETF and is usually done before further filings with the Securities and Exchange Commission. Injective's native token, INJ, has risen 3.7% in the past 24 hours, showing the market's positive response to the news.