{"id":155971,"date":"2025-05-01T16:01:03","date_gmt":"2025-05-01T13:01:03","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=155971"},"modified":"2025-05-01T16:01:03","modified_gmt":"2025-05-01T13:01:03","slug":"canary-capital-seeks-approval-for-first-spot-sei-etf-with-staking-feature","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/canary-capital-seeks-approval-for-first-spot-sei-etf-with-staking-feature\/","title":{"rendered":"Canary Capital Seeks Approval for First Spot SEI ETF With Staking Feature"},"content":{"rendered":"

This proposed<\/a><\/strong> ETF would stand out by including a staking feature, potentially allowing it to generate passive returns for investors.<\/p>\n

The fund is designed to track SEI\u2019s market value directly, with custody managed by BitGo and Coinbase. It would handle subscriptions and redemptions in cash rather than through direct crypto transfers, aligning with how current spot Bitcoin and Ethereum ETFs operate in the U.S. market.<\/p>\n

SEI powers the Sei network, a Layer 1 blockchain that leverages the Cosmos SDK and supports Ethereum-compatible smart contracts. Known for its speed and cross-chain functionality, Sei blends the familiarity of Ethereum\u2019s development environment with performance goals akin to Solana.<\/p>\n