Crypto ETF News: Canary Capital Files Staked SEI ETF, SEI Jumps 16.5%
Crypto ETF News: Why the Canary Capital Staked Filing Matters
A single filing can wake up a quiet chart. That's what happened to SEI this week. The market noticed, and traders now watch Canary Capital closely. Here's the full story behind this crypto ETF news, one step at a time.
Key Takeaways
Official X post says Canary Capital filed Amendment No. 2 to its S-1 for a Staked SEI Exchange Traded Funds.
The fund will hold spot for this form. About 90% will be staked, and only BitGo will custody it.
CoinGecko data shows the altcoin price at $0.05579, up 16.5%, after the news.
What Did Canary Capital File for the Staked SEI ETF?
Official X post says Canary Capital filed Amendment No. 2 to its S-1 form. The filing went to the U.S. Securities and Exchange Commission. It covers a Staked service.
Source: X Post
The fund will hold spot. That means it holds the real coin, not a contract that only tracks its price.
The new amendment also changes the staking plan a lot. Staking means locking coins to help run a network. The fund expects to stake about 90% of its altcoin. BitGo will be the only custodian, so it alone will hold the assets.
After TRX, Is SEI Canary's Next ETF Move?
It didn't start with this filing. On September 10, it began offering its Tron TRX Exchange Traded Funds and this follows as the next name.
The TRX fund hasn't drawn much action yet. Flow data, last updated Sep 19, 2026, shows this as of Sep 18:
Source: SoSoValue Data
Metric | Value |
Cumulative total net inflow | $491.06K |
Total value traded | $16.68K |
Only inflow day | Sep 15 ($491.06K) |
Sep 15 was the only green day. Every other day showed zero activity. So will this coin do better? That's still an open question.
Which Other ETFs Does Canary Capital Offer?
Canary Capital also offers ETFs for XRP, Solana, Litecoin and Hedera. The list keeps growing.
SoSoValue shows that the platform also filed for a $PEPE ETF around April 2026. That came as memecoin funds expanded after Dogecoin's GDOG launch and BONK-related filings. This crypto ETF news shows it is moving beyond big names.
How Did SEI Price React to the Filing?
SEI price reacted fast. CoinGecko data shows the coin jumped right after the news. At the time of writing, it trades at $0.05579, up 16.5%.
Source: Coingecko Data
Here's what else the data shows:
Market cap: $375.592M
24-hour trading volume: $105.445M
It also hit weekly and monthly highs after the news.
That's a strong market reaction. Anyone tracking the coin price today can check live numbers on CoinGecko.
Conclusion
Staked SEI Exchange Traded Funds filing follows its TRX launch. The 90% staking plan and BitGo-only custody set it apart. Its price jumped 16.5% on the news. Still, the TRX fund shows a filing doesn't always bring inflows. Watch this crypto ETF news for the next update.
YMYL Disclaimer: This content is for information only. It isn't financial, investment or legal advice. Crypto prices swing fast, and you can lose money. Prices and flow figures reflect the time of writing. Do your own research and speak to a licensed adviser before you invest.
