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CoinShares Launches Zero Management Fee SEI ETP and Offers 2% Staking Yield
Summary: CoinShares has announced the launch of a new Exchange Traded Product (ETP) providing direct investment opportunities in SEI, with zero management fees and offering a 2% annualized staking yield. The product, backed by physical SEI tokens, is listed on the Swiss Stock Exchange under the ticker symbol CSEI, making it the first regulated SEI investment ...
CoinShares has announced the launch of a new Exchange Traded Product (ETP) providing direct investment opportunities in SEI, with zero management fees and offering a 2% annualized staking yield. The product, backed by physical SEI tokens, is listed on the Swiss Stock Exchange under the ticker symbol CSEI, making it the first regulated SEI investment tool. CoinShares stated that this move aims to simplify the process for institutional investors to access SEI and is already circulating within the European market. Despite the variety of crypto ETPs in Europe, their adoption rate remains lower than that of the US spot Bitcoin ETF.
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Link: CoinShares Launches Zero Management Fee SEI ETP and Offers 2% Staking Yield [Copy]