REX and Osprey Set Oct. 23 Target for Staked SEI ETF

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ETF news broke Tuesday as REX Shares and Osprey Funds set October 23 as the target effective date for a staked SEI ETF. The post-effective amendment was filed September 24 under the ETF Opportunities Trust. The product will offer exposure to Sei’s SEI token with staking income. It joins other crypto ETF news for AVAX, SUI, NEAR, and HYPE. The ETF still needs listing and operational steps, possibly on Cboe BZX. Canary Capital is also pushing a separate staked SEI ETF. Bitcoin ETF news remains a key focus in the sector.

REX Shares and Osprey Funds have set Oct. 23 as the target effective date for a proposed exchange-traded fund offering exposure to Sei’s SEI token while generating income through staking.

The managers filed a post-effective amendment on Sept. 24 under the ETF Opportunities Trust, moving the proposed SEI product closer to launch. Sei Network reported the development on X.

The filing is part of a broader group of crypto ETF products targeting the same Oct. 23 effective date, including proposed funds tied to Avalanche’s AVAX, Sui’s SUI, Near Protocol’s NEAR and Hyperliquid’s HYPE.

SEI ETF Adds Staking

The proposed REX-Osprey SEI + Staking ETF would hold SEI and stake part of its holdings through Sei Network’s proof-of-stake system. This would give investors exposure to the token while allowing the fund to earn staking rewards.

Related: Justin Bieber’s $1.3 Billion Bored Ape NFT is Worthless—Blockstream CEO

REX Shares and Osprey Funds have been developing a broader lineup of digital-asset ETFs, including spot and staking-based products.

ETF Still Needs Final Steps

An Oct. 23 effective date would not necessarily mean the ETF begins trading that day. The managers would still need to complete listing and operational requirements before trading could begin, potentially on Cboe BZX.

Canary Capital has also advanced a proposal for a staked SEI ETF, adding another potential product focused on combining SEI exposure with staking rewards.

Related: Global Money Supply Hits $103 Trillion: Could Rising Liquidity Push Bitcoin and Stocks Higher—or Fuel More Inflation?

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