#CanaryFilesSecondAmendmentForStakedSEIETF
Canary Capital has submitted its second pre-effective amendment (Amendment No. 2) to the S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for its proposed Staked SEI ETF. [1, 2]
The updated filing introduces several core adjustments to the structural and operational mechanics of the fund:
Aggressive Staking Strategy: The revised prospectus outlines that approximately 90% of the fund's spot $SEI
holdings are expected to actively participate in staking to generate native yield for investors. [1, 2]
Sole Custody Transition: The amendment significantly alters the storage framework by naming BitGo as the sole custodian responsible for holding all of the $ETFT.ETF
’s assets. [1, 2]
Trading Venue: The exchange-traded fund is structured to list and trade on the Cboe $BZ
X exchange. [1]
Canary Capital has submitted its second pre-effective amendment (Amendment No. 2) to the S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for its proposed Staked SEI ETF. [1, 2]
The updated filing introduces several core adjustments to the structural and operational mechanics of the fund:
Aggressive Staking Strategy: The revised prospectus outlines that approximately 90% of the fund's spot $SEI
holdings are expected to actively participate in staking to generate native yield for investors. [1, 2]
Sole Custody Transition: The amendment significantly alters the storage framework by naming BitGo as the sole custodian responsible for holding all of the $ETFT.ETF
’s assets. [1, 2]
Trading Venue: The exchange-traded fund is structured to list and trade on the Cboe $BZ
X exchange. [1]
