Canary Capital plans 90% staking of SEI ETF assets with BitGo as sole custodian, boosting SEI exposure and yield.

Canary Capital has filed an amendment to its S-1 registration for a Staked SEI ETF, now planning to stake about 90% of the ETF's SEI holdings. BitGo will serve as the sole custodian for the entire staked position, and the ETF will trade on Cboe BZX. This move aims to provide investors with direct exposure to SEI while generating staking returns on most assets, signaling institutional-grade infrastructure for SEI. The SEI price surged over 20% following the filing, indicating strong market interest and potential sustained momentum.

SEI is showing strong momentum on Pluang, trading at Rp1.086 with a 29.06% gain in the past day. Buyers dominate with 62% of order activity, and the market cap stands at Rp8.37 trillion. These figures are current as of Sep 21, 2026 20:04 WIB.