Rex Shares and Osprey Funds Set October 23 Target for Staked SEI ETF

Rex Shares and Osprey Funds have set October 23 as the target effective date for their proposed exchange-traded fund (ETF) offering exposure to Sei's SEI token while generating income through staking.

The managers filed a post-effective amendment on September 24 under the ETF Opportunities Trust, moving the proposed SEI product closer to launch. This is part of a broader group of crypto ETF products targeting the same October 23 effective date.

The proposed REX-Osprey SEI + Staking ETF would hold SEI and stake part of its holdings through Sei Network's proof-of-stake system, giving investors exposure to the token while allowing the fund to earn staking rewards. Rex Shares and Osprey Funds have been developing a broader lineup of digital-asset ETFs.

An October 23 effective date would not necessarily mean the ETF begins trading that day. The managers would still need to complete listing and operational requirements before trading could begin, potentially on Cboe BZX.