Summary
- The SEI ecosystem is pushing to enter the U.S. exchange-traded fund (ETF) market.
- REX Shares and Osprey Funds said they submitted Form N-1A to the U.S. SEC to list a staking SEI ETF.
- They said the ETF includes Chainlink (LINK), Sui (SUI), and Hyperliquid (HYPE) among its major crypto assets in the portfolio.
The SEI ecosystem is pushing to enter the U.S. exchange-traded fund (ETF) market.
On the 4th (local time), according to the SEI Foundation, asset managers REX Shares and Osprey Funds recently submitted Form N-1A to the U.S. Securities and Exchange Commission (SEC) to list a 'staking SEI ETF'.
The ETF is part of its 'ETF Opportunities Trust' portfolio and holds major crypto assets such as Chainlink (LINK), Sui (SUI), and Hyperliquid (HYPE).
Meanwhile, Form N-1A is a pre-registration procedure with the SEC that registers a product's structure and operation prior to an ETF listing; it is a pre-registration draft that specifies the fund's establishment plan and basic composition.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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