21Shares Proposes Innovative Sei ETF with Staking Feature

Asset manager 21Shares has filed for a spot Sei ETF with the SEC, a proposal that includes a plan to generate staking rewards for investors.

This filing joins a growing list of altcoin ETF applications for tokens like Solana and XRP currently under regulatory review.

The staking proposal faces significant hurdles, as the SEC has yet to approve the feature for any ETF.

Just this week, the regulator delayed a similar staking request from Grayscale for its Ethereum fund. If approved, the 21Shares Sei ETF would offer direct exposure to the price of SEI, enhanced by potential staking yields.