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The Canary Staked $SEI ETF is now live on the DTCC platform! @SeiNetwork
DTCC is the clearing and settlement infrastructure for most of the U.S. stock and ETF activity.
From DTCC records, this product is currently classified as "active and pre-launch".
This means that ETFs have entered the standard process before products are launched on brokerage platforms.
While it doesn't mean the SEC has approved it yet, it's a standard step in the ETF deployment process, and this launch is often seen as a strong sign of an imminent official release.
🔴 Deeper implications lie in the breakthrough of Staking ETFs:
This is the first staked income ETF in the true sense of the word.
While DTCC going live is not a regulatory green light, it is a signal.
Combined with the SEC and IRS's 2025 guidance, it indicates that the United States is becoming more open to staking crypto ETFs.
This could be a crucial step for SEI to enter mainstream institutional portfolios. 🤔
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