After SOL and SUI, 21Shares has submitted an ETF application for $SEI.
Blue-chip stocks are gradually going on-chain, and correspondingly, mainstream tokens will also apply for ETFs, becoming assets that traditional users can invest in. Clearly, @SeiNetwork will be one of the first projects to come to the table.
In this era of crypto transformation, the SEC is more about background checks; it doesn't necessarily require a market cap of hundreds of billions to get approved, as many companies with similar market caps can also go public.
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