$SEI + Staking ETF Targets October 23 Effective Date with REX Shares and Osprey Funds

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

The filing, which is part of a broader group of crypto ETF products targeting the same Oct. 23 effective date, includes proposed funds tied to Avalanche's $AVAX, Sui's $SUI, Near Protocol's $NEAR and Hyperliquid's $HYPE tokens.

The proposed REX-Osprey $SEI + Staking ETF would hold $SEI and stake part of its holdings through Sei Network's proof-of-stake system. This would give investors exposure to the token while allowing the fund to earn staking rewards.

While an Oct. 23 effective date does 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.