The Canary Staked SEI exchange-traded fund ETF has been formally registered on the Depository Belief & Clearing Company (DTCC) platform.
The itemizing doesn’t represent approval by the US Securities and Change Fee (SEC). Nonetheless, it’s a vital operational milestone and is commonly seen as a constructive signal.
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Canary’s Staked SEI ETF Joins DTCC Record
In line with DTCC data, the product at the moment seems beneath the “active and pre-launch” class. This classification signifies that the ETF is technically arrange for future digital buying and selling and clearing, pending approval by the SEC.
Canary’s Staked SEI ETF on the DTCC Record. Supply: DTCC Record of ETFs Energetic and Pre-Launch
Importantly, the ETF can’t but be created or redeemed, that means it stays non-operational regardless of its inclusion in DTCC’s system. Nonetheless, the itemizing is a regular step within the ETF deployment course of, typically interpreted by market individuals as an indication of issuer confidence.
“DTCC handles the behind-the-scenes clearing and settling for most US stocks and ETFs. Meaning this puts the SEI ETF into the usual pipeline before it shows up on brokerage platforms. Once the market sentiment turns around, SEI is going to be a big runner,” an analyst famous.
Canary Capital filed an S-1 earlier this 12 months to introduce a staked SEI ETF. On the time, the SEC maintained a cautious stance towards staking mechanisms inside exchange-traded merchandise. The regulatory outlook has shifted now.
BeInCrypto reported that the US Treasury and Inside Income Service issued Income Process 2025-31, establishing a transparent safe-harbor framework for crypto ETFs and trusts wishing to interact in staking and distribute rewards to traders.
This process mandates strict circumstances, together with holding just one kind of digital asset plus money, utilizing certified custodians for key administration, sustaining SEC-approved liquidity insurance policies, and limiting actions to holding, staking, and redeeming property with out discretionary buying and selling.
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Furthermore, these pointers resolve prior tax ambiguities. This might probably pave the way in which for SEC approval of staking-inclusive merchandise, such because the Canary’s SEI ETF.
Apart from Canary, Rex-Osprey has additionally filed for a staked SEI ETF. Lastly, 21Shares is searching for SEC approval for an ETF targeted on the SEI. This displays broader institutional curiosity in gaining publicity to the Sei Community.
SEI Climbs in Web Flows Whilst TVL Suffers
In the meantime, this comes as Sei experiences sturdy capital motion. In line with Artemis Analytics, the community at the moment ranks second in internet flows over the previous 24 hours, with inflows making up the bulk. This pattern means that traders are rotating into SEI regardless of broader market volatility.
Analysts are additionally more and more optimistic about SEI’s worth potential. ZAYK Charts famous that the altcoin is finishing one other falling-wedge cycle, arguing {that a} breakout might set off a 100–150% rally.
Nonetheless, on-chain information paints a extra advanced image. Figures from DefiLlama reveal a steep contraction within the community’s complete worth locked (TVL) throughout November, representing the biggest decline in almost two years.
Roughly 1 billion SEI tokens have been unstaked, reflecting an accelerated charge of person exits from the ecosystem.
Thus, for now, the itemizing serves as a procedural however significant sign that the pathway towards institutional SEI publicity is starting to take form—in opposition to a backdrop of each recovering inflows and lingering challenges throughout the community.
