21Shares Files for SEC Approval of SEI Spot ETF: Expanding Crypto Investment Options

21Shares has officially filed an S-1 registration with the US Securities and Exchange Commission (SEC) to launch a spot exchange-traded fund (ETF) focused on the SEI token. This filing, which involves Coinbase Custody as a custodian for the token, signifies 21Shares’ commitment to expanding regulated crypto investment options in the US market. The proposed ETF will provide investors with direct exposure to the SEI token and offers potential staking rewards. This move comes after 21Shares previously expanded its offerings beyond Bitcoin and Ethereum, demonstrating their commitment to diversifying their product portfolio.