Canary Capital – a company specializing in launching cryptocurrency investment funds – has officially filed with the U.S. Securities and Exchange Commission (SEC) to seek approval for the first exchange-traded fund (ETF) dedicated to SEI, the token of the Layer-1 Sei blockchain. Notably, this fund not only tracks the price of SEI but also integrates staking, promising to deliver double yields for investors.
What makes SEI special? Why is there an ETF being established?