Canary Capital has filed a second amendment to the S-1 registration statement for its Staked SEI ETF, introducing significant adjustments to the fund's staking mechanism. The spot SEI ETF now targets approximately 90% of assets to be staked, marking a substantial commitment to yield generation within the proposed product structure. The amended filing designates BitGo as the exclusive custodian for the ETF's assets. This update refines the operational framework for the staked SEI product as Canary Capital continues to advance its registration efforts with regulators.