Context for Chatgpt:
In the United States, more than 70 ETF Crypto applications are currently waiting for approval, especially on the side of altcoins. Among all the issuers in the race, the capital of the captain is the most active and regularly adds new tokens to his list.
Sei joined the ETF race
Speculation can be well as regards the date of approval of the crypto ETF and their current chances for admission. Many of the waiting altcoins are not at the end of its sadness, because the new token joined the movement.
CANARY CAPITAL has already repeated experience in most of the most applications for Altcoin ETF by submitting an ETF SEI to SEC according to Captain’s capital. After the first deposit in Delaware, rumors spread since last week and things were formalized this morning.
In the rise of the ETF he was officially fled to Sei.@Canaryfunds S-1 refers to a new chapter in how institutions interact with the network.
Here’s what it means and why it matters: https: //t.co/8tfdzkwjhg
– Sei 🔴 (@seinetwork) 1st May 2025
This time it will not be a fund agreed on the stock market, as the future ETF SEI will be similar to ETF places with integrated stuking functions. Indeed, SEI detention creates income by participating in the network system.
The cubes are now in the hands of American Sec, which will have to explore files and provide feedback. The community hopes that things will be fast enough for a possible general approval scheduled for June 17th. Time will be able to tell us whether the hype surrounding the seating, especially after World Liberty Financial has invested this month in a large fanfare, he was able to convince the regulator this month.
The course of the token is celebrating
Messages have not been unnoticed since then Cours du Sei is now 6 %. According to experts, it can be fuel for a new bull running. After interrupting the key resistance level to $ 0.20, SEI goes to the next key threshold at 0.22 and $ 0.25.
A successful break could open a path around 0.30 and then $ 0.40, especially because the altcoins course attracts the inverted head and shoulder scheme.
$ Sei Reverse head and arm pattern 👀
Its tvl for the first time exceeded $ 500 million, while Dex Volume is rising.
In principle, SEI looks stronger than ever and prices will also follow.
Once the SEI disintegrates above $ 0.23, it could have gathered by May towards $ 0.28- 0.3. pic.twitter.com/amdle26zhv
– Amcrypto (@amcryptoalex) 29 April 2025
For TVL, which for the first time exceeds $ 500 million and increased Dex transactions, Sei seems to be definitely able to enjoy the surrounding hype.
Morality of History: There is no target line in the race for quality crypt ETF yet.
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