Canary Capital Proposes Innovative SEI ETF with Staking Feature

American asset management company Canary Capital has submitted an innovative proposal to the U.S. Securities and Exchange Commission (SEC) for a spot SEI exchange-traded fund (ETF). This groundbreaking application marks a first in the industry, introducing staking as part of its structure. The fund seeks to directly expose investors to the price of SEI, with a portion of assets staked to offer additional returns. Coinbase and BitGo will handle asset custody.