Canary Capital files second amended S-1 for SEI staking ETF

  • Canary Capital amended its S-1 filing for the proposed Canary Staked SEI ETF.
  • The trust targets staking approximately 90% of its SEI holdings.
  • BitGo replaces BitGo and Coinbase Custody as sole custodian; SEC approval remains pending.

Canary Capital filed a second amendment to the S-1 registration statement for its proposed Canary Staked SEI ETF, setting out a plan to stake approximately 90% of the trust’s SEI holdings. The fund is proposed for listing on Cboe BZX and would replace a dual-custodian arrangement involving BitGo and Coinbase Custody with BitGo as exclusive custodian. The U.S. Securities and Exchange Commission has not approved the ETF.

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