Canary Capital Files Amended S-1 for Staked SEI ETF

Key Facts

1Canary Capital filed Pre-Effective Amendment No. 2 to its S-1 for the proposed Canary Staked SEI ETF.

2The fund aims to hold spot SEI and stake approximately 90% of its holdings.

3BitGo has been named as the sole custodian for the proposed ETF.

Canary Capital filed Pre-Effective Amendment No. 2 to its S-1 for the proposed Canary Staked SEI ETF. Coinpedia reported that the fund aims to hold spot SEI and stake approximately 90% of its holdings to generate rewards, naming BitGo as the sole custodian for the proposed ETF assets.

BTGO closed at $7.19 on October 6, 2026, ahead of the regulatory update. According to the filing details, the amendment clarifies operational structures as the SEI token retests resistance levels near $0.06796, with market participants identifying $0.09539 as a key hurdle for further upside momentum.