21Shares Files For SEC-Registered SEI ETF, Potentially Revolutionizing Crypto Liquidity

Crypto firm 21Shares has taken a significant step forward in the pursuit of regulated crypto ETFs, filing with the U.S. Securities and Exchange Commission to launch a Security Exchange (SEI) token-based exchange traded fund (ETF). The proposed ETF aims to track SEI token prices while incorporating staking functionality. This move marks a potential shift toward increased institutional investment in the Sei Network, impacting both liquidity and market sentiment.