Canary Capital updates SEI spot ETF filing to include 90% staking rate

Canary Capital has filed a second amendment to its S-1 registration statement for the Canary Staked SEI ETF with the SEC. The updated filing specifies a 90% staking rate for the trust's holdings and confirms that custody services will be consolidated under a single provider rather than the previously planned dual-custody arrangement with BitGo and Coinbase Custody. The ETF is proposed for listing on Cboe BZX and remains pending SEC approval.