Canary Capital Files Amended Staked SEI ETF Proposal with Staking Rewards

Key Facts

1Canary Capital filed Amendment No. 2 for a proposed Staked SEI ETF which includes staking features.

2The proposed fund plans to stake approximately 90% of its SEI holdings and use BitGo as the sole custodian.

In a move reflecting the ongoing efforts to integrate digital asset yields into traditional investment vehicles, Canary Capital has filed Amendment No. 2 for its proposed SEI ETF. According to reports, this updated proposal incorporates staking features, allowing investors to potentially benefit from rewards on the underlying assets. This development highlights the evolving landscape of exchange-traded funds as they seek to offer institutional-grade access to altcoin ecosystems.

Under the revised filing, the fund plans to stake approximately 90% of its SEI holdings to generate additional value for shareholders. The proposal also names BitGo as the sole custodian for the assets, establishing a clear operational framework for the vehicle. Per market data, BTGO shares closed at $7.56 on September 18, 2026, having reached a daily high of $7.69 during that session.

Traders should monitor liquidity levels surrounding the SEI token as the regulatory review process for this filing continues. Based on current data, BTGO stood at $7.56 (close September 18, 2026), and with no direct crypto-related catalysts in the upcoming 7-day economic calendar, market attention is expected to remain on further legal updates from the SEC regarding the approval process.