CoinShares Debuts Zero-Fee SEI ETP With Staking Yield Across European Markets
Digital asset manager CoinShares has launched a new exchange-traded product (ETP) offering fee-free exposure to SEI, the native token of the Sei blockchain, along with a 2% annualized staking yield. Listed on the SIX Swiss Exchange under the ticker CSEI, the product is the first regulated vehicle offering direct access to SEI.
Backed by physical SEI tokens, the ETP automatically distributes staking rewards to investors and is designed to lower operational barriers for institutions. CoinShares, which manages over $8 billion in assets, says the initiative addresses the technical challenges that have historically limited institutional participation in emerging Layer-1 ecosystems like Sei.
The launch comes shortly after CoinShares secured a Markets in Crypto-Assets (MiCA) license—making it the first European crypto asset manager to do so. The CSEI product is now passported for distribution across CoinShares’ regulated footprint in Europe.
While the region has seen a steady rollout of crypto ETPs—108 products with €13.92 billion (around $16.2 billion) in total assets, according to JustETF—adoption remains modest compared to the U.S. Spot bitcoin ETFs in the U.S. have amassed $151.4 billion in assets, led by BlackRock’s IBIT with over $86 billion alone, data from SoSoValue shows.
CoinShares aims to close that gap by offering institutional-grade access to emerging crypto assets with added incentives like zero fees and native staking yields.
