21Shares files for Sei ETF and plans to explore staking feature, SEC still reviewing counterfeit products ETF

21Shares has filed an S-1 registration statement with the Securities Exchange Commission (SEC) to launch the Sei ETF, and stated in the prospectus that it wants to explore the possibility of staking some SEI tokens for rewards. The SEC has not yet approved the ETF staking function. Previously, the Ethereum spot ETF staking plan proposed by Grayscale, BlackRock and 21Shares was also not approved. The SEC recently stated that some of the liquid staking activity does not involve securities, which may provide space for ETF staking. The SEI ETF will directly track the price of the Sei network's native cryptocurrency SEI, while the SEC is also reviewing other counterfeit products ETF applications, including Litecoin, Solana, Dogecoin, XRP, etc.