Canary Capital Files S-1 Amendment for Staked SEI ETF
- —ETF would stake about 90% of spot SEI holdings, with BitGo as custodian
- —SEI trades near $0.06796 inside a narrowing falling wedge
- —A break above $0.09539 could open the path to $0.15137 and $0.30125
- —SEI rallied over 1,000% during 2023–2024
Why it matters: Approval of a staked ETF would give institutions direct exposure to SEI and could boost demand for the token.
Source: Coinpedia