21Shares files with the U.S. SEC to launch a spot SEI ETF, custodied by Coinbase
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21Shares files with the U.S. SEC to launch a spot SEI ETF, custodied by Coinbase
According to official documents, 21Shares has filed an S-1 form with the U.S. Securities and Exchange Commission to launch the 21Shares Sei ETF, which will track the price of the SEI token. The ETF will not use leverage or derivatives. SEI will be held in custody by Coinbase Custody, and shares are expected to be listed on an exchange. Authorized participants will be able to subscribe for and redeem shares in cash or in-kind.
Navigating Web3 tides with focused insightsTechFlow, August 29 — According to official filings, 21Shares has submitted an S-1 form to the U.S. Securities and Exchange Commission to launch the 21Shares Sei ETF, which will track the price of the SEI token. The ETF will not use leverage or derivatives. SEI will be held in custody by Coinbase Custody, and shares are expected to be listed on an exchange, with authorized participants able to subscribe for and redeem shares in cash or in-kind.
