21Shares Submits INJ Spot ETF Registration with SEC

21Shares has submitted a registration statement for a spot INJ exchange-traded fund (ETF) to the U.S. Securities and Exchange Commission (SEC). However, SEC public records show an S-1 filing instead of an S-1/A amendment. According to SEC electronic filings, 21Shares' INJ ETF S-1 registration was submitted on October 20, 2025. The document describes the product as a passive investment vehicle tracking the price of INJ, the native asset of the Injective Network. The filing states that if regulatory and tax risks are deemed low, the ETF may hold some assets in staking.