staking income Archives - Coin Engineer https://coinengineer.net/blog/tag/staking-income/ Btc, Coins, Pre-Sale, DeFi, NFT Thu, 01 May 2025 09:17:40 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png staking income Archives - Coin Engineer https://coinengineer.net/blog/tag/staking-income/ 32 32 Canary Capital Files for First-Ever Staked SEI ETF With SEC https://coinengineer.net/blog/canary-capital-files-for-first-ever-staked-sei-etf-with-sec/ https://coinengineer.net/blog/canary-capital-files-for-first-ever-staked-sei-etf-with-sec/#respond Thu, 01 May 2025 10:30:15 +0000 https://coinengineer.net/blog/?p=41212 Canary Capital has submitted an application to the U.S. Securities and Exchange Commission (SEC) for the industry’s first-ever Staked SEI ETF. This innovative product will allow traditional investors to gain exposure to SEI, the native token of the Sei Network, without having to interact directly with blockchain infrastructure. You Might Be Interested In: Elon Musk

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]]> Canary Capital has submitted an application to the U.S. Securities and Exchange Commission (SEC) for the industry’s first-ever Staked SEI ETF. This innovative product will allow traditional investors to gain exposure to SEI, the native token of the Sei Network, without having to interact directly with blockchain infrastructure.

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The ETF will track the spot market price of SEI as determined by CoinDesk Indices, and its Net Asset Value (NAV) will be published daily at 4 PM New York time. It will not use derivatives but instead hold actual SEI tokens in custody.

canary

Earn Rewards Through SEI Staking

Custody of SEI tokens will be managed by BitGo Trust Company and Coinbase Custody Trust Company. While not insured by the FDIC, both custodians maintain private insurance policies to mitigate risks.

This ETF simplifies SEI investment for regular investors, eliminating the need for blockchain knowledge, private key management, or staking know-how. One of its standout features is its integration with staking, allowing the fund to earn additional SEI rewards via the proof-of-stake (PoS) mechanism of the Sei Network.

Canary Capital is also pursuing other crypto ETFs, including a TRX-backed fund. While the SEI ETF is still pending SEC approval, its launch could mark a significant step forward in making digital assets accessible through mainstream investment platforms.

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