21Shares Submits SEI Spot ETF: SEI Price Bounces

21Shares, a Swiss-based crypto investment company, has filed an S-1 registration with the SEC to establish the 21Shares SEI ETF, a passive fund tracking the CF SEI-Dollar Index. If regulatory conditions permit, the fund can reflect staking rewards. SEI’s price reacted positively in the short term, while technical sentiment leans toward a rebound from support levels. Fund Will Give SEI’s Staking Rewards According to the SEC Filing S-1, the 21Shares Sei (SEI) ETF is a passive fund that aims to track the CF SEI-Dollar Reference Rate (New York Variant) from CF Benchmarks source: https://beincrypto.com/21shares-submits-sei-spot-etf-sei-price-bounces/