CoinShares Launches Zero-Fee SEI ETP with 2% Annualized Staking Yield
ChainCatcher reports that CoinShares has launched a new exchange-traded product (ETP), offering direct investment opportunities in SEI with no management fees and a 2% annualized staking yield. The product is physically backed by SEI tokens, listed on the Swiss stock exchange under the ticker CSEI, and is the first regulated SEI investment vehicle.
CoinShares stated that this move aims to simplify institutional investors’ access to SEI and that the product is now available across European markets. Although Europe offers a wide variety of crypto ETPs, their adoption rate remains lower than that of US spot Bitcoin ETFs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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