21Shares has filed an S-1 registration with the US SEC to introduce a spot SEI exchange-traded fund (ETF), tracking the CF SEI-Dollar Reference Rate in USD. The filing comes amidst increased scrutiny of altcoin ETFs by the SEC and marks significant institutional interest in SEI, which recently experienced a price surge and saw growing usage in DeFi protocols. Coinbase Custody Trust will serve as custodian, signaling strong backing for this product. Regulatory decisions on multiple crypto ETFs, including altcoin-related ones, are expected in October, influencing the future of crypto funds.
Continue to read 21Shares Launches Application for Spot SEI ETF Amid Growing Institutional Interest
21Shares has filed an S-1 registration with the US SEC to introduce a spot SEI exchange-traded fund (ETF), tracking the CF SEI-Dollar Reference Rate in USD. The filing comes amidst increased scrutiny of altcoin ETFs by the SEC and marks significant institutional interest in SEI, which recently experienced a price surge and saw growing usage in DeFi protocols. Coinbase Custody Trust will serve as custodian, signaling strong backing for this product. Regulatory decisions on multiple crypto ETFs, including altcoin-related ones, are expected in October, influencing the future of crypto funds.
Continue to read 21Shares Launches Application for Spot SEI ETF Amid Growing Institutional Interest
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