SEI's ETP has also been launched, with assets under management exceeding 4 billion, compliant with MiCA regulations. CoinShares has launched SEI in Europe and supports staking. Notably, this fund charges no management fees and instead offers investors a 2% staking yield. At first glance, it seems like charity; in reality, SEI's current staking yield is 3.84%, meaning CoinShares will take 1.84% of the yield. This sets a benchmark for all cryptocurrency funds with staking yields, so those operating under this model will find ways to market and expand subscription sizes. The larger the scale, the more staking yield there will be. Additionally, SEI is quite remarkable; since its TGE over two years ago, it has never broken below its initial price. It has always been a compliant coin born and raised in the U.S., and it has a close relationship with Circle. In the scoring for the Wyoming stablecoin bidding, SEI ranked second, maintaining a good relationship with institutions. It seems SEI has significant opportunities in the U.S. ETF market.