DTCC Lists Canary’s Staked SEI ETF as Market Eyes SEC Decision
Summary
Canary Capital's Staked SEI exchange-traded fund (ETF) focusing on SEI has been officially registered on the Depository Trust & Clearing Corporation (DTCC) platform, placing it in the "active and pre-launch" category for future electronic trading.
This listing is a standard procedural milestone, signaling operational readiness, though it does not constitute approval from the US Securities and Exchange Commission (SEC). The regulatory environment is shifting favorably, especially following the IRS and Treasury's issuance of Revenue Procedure 2025-31, which provides a safe-harbor framework for crypto ETFs engaging in staking.
This development coincides with mixed signals for the Sei network: it is seeing strong recent net inflows, yet its Total Value Locked (TVL) experienced a significant contraction in November. Other issuers, including Rex-Osprey and 21Shares, have also filed for SEI-related ETFs, indicating growing institutional interest.
(Source:BeInCrypto)