Qu&#7929; ho&aacute;n &#273;&#7893;i danh m&#7909;c (ETF) Canary Staked SEI &#273;&atilde; &#273;&#432;&#7907;c ch&iacute;nh th&#7913;c &#273;&#259;ng k&yacute; tr&ecirc;n n&#7873;n t&#7843;ng Depository Trust &amp; Clearing Corporation (DTCC).
Vi&#7879;c ni&ecirc;m y&#7871;t n&agrave;y kh&ocirc;ng c&#7845;u th&agrave;nh s&#7921; ch&#7845;p thu&#7853;n c&#7911;a &#7910;y ban Ch&#7913;ng kho&aacute;n v&agrave; Giao d&#7883;ch Hoa K&#7923; (SEC). D&ugrave; v&#7853;y, &#273;&acirc;y l&agrave; m&#7897;t b&#432;&#7899;c ti&#7871;n l&#7899;n trong quy tr&igrave;nh ho&#7841;t &#273;&#7897;ng v&agrave; th&#432;&#7901;ng &#273;&#432;&#7907;c xem l&agrave; m&#7897;t t&iacute;n hi&#7879;u t&iacute;ch c&#7921;c.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-canary-s-staked-sei-etf-joins-dtcc-list">Qu&#7929; ETF SEI Staked c&#7911;a Canary tham gia danh s&aacute;ch DTCC</h2>

Theo h&#7891; s&#417; c&#7911;a DTCC, s&#7843;n ph&#7849;m n&agrave;y hi&#7879;n thu&#7897;c danh m&#7909;c &ldquo;ho&#7841;t &#273;&#7897;ng v&agrave; ti&#7873;n c&ocirc;ng b&#7889;&rdquo;. Ph&acirc;n lo&#7841;i n&agrave;y ch&#7881; ra r&#7857;ng <a target="_blank" href="https://vn.beincrypto.com/solana-xrp-hbar-etfs-listed-on-dtcc/" rel="noreferrer noopener">ETF &#273;&atilde; s&#7861;n s&agrave;ng v&#7873; m&#7863;t k&#7929; thu&#7853;t</a> cho giao d&#7883;ch v&agrave; thanh to&aacute;n &#273;i&#7879;n t&#7917; trong t&#432;&#417;ng lai, ch&#7901; &#273;&#7907;i s&#7921; ph&ecirc; duy&#7879;t t&#7915; SEC.&nbsp;
<img style="height:400px;width:640px;" decoding="async" alt="ETF Staked SEI c&#7911;a Canary trong danh s&aacute;ch c&#7911;a DTCC. Ngu&#7891;n" class="wp-image-773187 lazy" loading="lazy" src="https://assets.beincrypto.com/img/ym_MRfXWDHvQkfPNFXVadxwNOUY=/smart/95b266a0d5414de68813b19dd27baea3">ETF Staked SEI c&#7911;a Canary trong danh s&aacute;ch c&#7911;a DTCC. Ngu&#7891;n: <a href="https://www.dtcc.com/products/cs/exchange_traded_funds_plain_new.php" target="_blank" rel="noreferrer noopener nofollow">Danh s&aacute;ch ETF Ho&#7841;t &#273;&#7897;ng v&agrave; Ti&#7873;n C&ocirc;ng B&#7889; c&#7911;a DTCC</a>

Quan tr&#7885;ng l&agrave;, ETF n&agrave;y ch&#432;a th&#7875; &#273;&#432;&#7907;c t&#7841;o ho&#7863;c quy &#273;&#7893;i, c&oacute; ngh&#297;a l&agrave; n&oacute; v&#7851;n ch&#432;a ho&#7841;t &#273;&#7897;ng d&ugrave; &#273;&atilde; &#273;&#432;&#7907;c th&ecirc;m v&agrave;o h&#7879; th&#7889;ng c&#7911;a DTCC. Tuy nhi&ecirc;n, vi&#7879;c ni&ecirc;m y&#7871;t l&agrave; m&#7897;t <a target="_blank" href="https://beincrypto.com/learn/how-to-prepare-bitcoin-etf" rel="noreferrer noopener">b&#432;&#7899;c ti&ecirc;u chu&#7849;n trong quy tr&igrave;nh tri&#7875;n khai</a> ETF, th&#432;&#7901;ng &#273;&#432;&#7907;c th&#7883; tr&#432;&#7901;ng xem l&agrave; t&iacute;n hi&#7879;u c&#7911;a s&#7921; t&#7921; tin t&#7915; ph&iacute;a ph&aacute;t h&agrave;nh.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;DTCC x&#7917; l&yacute; vi&#7879;c thanh to&aacute;n v&agrave; l&#432;u k&yacute; h&#7853;u tr&#432;&#7901;ng cho h&#7847;u h&#7871;t c&aacute;c c&#7893; phi&#7871;u v&agrave; ETF &#7903; M&#7929;. &#272;i&#7873;u n&agrave;y &#273;&#432;a ETF SEI v&agrave;o quy tr&igrave;nh th&ocirc;ng th&#432;&#7901;ng tr&#432;&#7899;c khi n&oacute; xu&#7845;t hi&#7879;n tr&ecirc;n c&aacute;c n&#7873;n t&#7843;ng m&ocirc;i gi&#7899;i. Khi t&acirc;m l&yacute; th&#7883; tr&#432;&#7901;ng quay &#273;&#7847;u, SEI s&#7869; l&agrave; m&#7897;t &#7913;ng vi&ecirc;n t&#259;ng tr&#432;&#7903;ng m&#7841;nh,&rdquo; m&#7897;t nh&agrave; ph&acirc;n t&iacute;ch <a href="https://x.com/nottellingyou73/status/1989151824276775184" target="_blank" rel="noreferrer noopener nofollow">nh&#7853;n x&eacute;t</a>.
</blockquote>

Canary Capital <a href="https://www.sec.gov/Archives/edgar/data/2066353/000199937125005157/sei-s1_042925.htm" target="_blank" rel="noreferrer noopener nofollow">&#273;&atilde; n&#7897;p</a> m&#7897;t t&agrave;i li&#7879;u S-1 &#273;&#7847;u n&#259;m nay &#273;&#7875; gi&#7899;i thi&#7879;u m&#7897;t ETF SEI c&oacute; stake. L&uacute;c &#273;&oacute;, SEC &#273;&atilde; c&oacute; th&aacute;i &#273;&#7897; th&#7853;n tr&#7885;ng v&#7899;i <a href="https://beincrypto.com/learn/crypto-staking/" target="_blank" rel="noreferrer noopener">c&#417; ch&#7871; stake trong c&aacute;c s&#7843;n ph&#7849;m ETF</a>. Tuy nhi&ecirc;n, quan &#273;i&#7875;m c&#7911;a c&#417; quan qu&#7843;n l&yacute; &#273;&atilde; thay &#273;&#7893;i.
<a target="_blank" href="https://vn.beincrypto.com/irs-treasury-crypto-etf-staking-safe-harbor/" rel="noreferrer noopener">BeInCrypto &#273;&atilde; &#273;&#432;a tin r&#7857;ng</a> B&#7897; T&agrave;i ch&iacute;nh M&#7929; v&agrave; C&#417; quan Thu&#7871; &#273;&atilde; ban h&agrave;nh Quy tr&igrave;nh Thu nh&#7853;p 2025-31, thi&#7871;t l&#7853;p m&#7897;t c&#7845;u tr&uacute;c r&otilde; r&agrave;ng v&#7873; giao d&#7883;ch an to&agrave;n cho c&aacute;c ETF v&agrave; qu&#7929; t&iacute;n th&aacute;c ti&#7873;n &#273;i&#7879;n t&#7917; mu&#7889;n tham gia staking v&agrave; ph&acirc;n ph&#7889;i ph&#7847;n th&#432;&#7903;ng cho nh&agrave; &#273;&#7847;u t&#432;.&nbsp;
Quy tr&igrave;nh n&agrave;y y&ecirc;u c&#7847;u c&aacute;c &#273;i&#7873;u ki&#7879;n nghi&ecirc;m ng&#7863;t, bao g&#7891;m vi&#7879;c ch&#7881; gi&#7919; m&#7897;t lo&#7841;i t&agrave;i s&#7843;n k&#7929; thu&#7853;t s&#7889; c&ugrave;ng ti&#7873;n m&#7863;t, s&#7917; d&#7909;ng c&aacute;c &#273;&#417;n v&#7883; l&#432;u k&yacute; &#273;&#432;&#7907;c c&ocirc;ng nh&#7853;n &#273;&#7875; qu&#7843;n l&yacute; kh&oacute;a, duy tr&igrave; ch&iacute;nh s&aacute;ch thanh kho&#7843;n &#273;&#432;&#7907;c SEC ph&ecirc; duy&#7879;t, v&agrave; gi&#7899;i h&#7841;n c&aacute;c ho&#7841;t &#273;&#7897;ng v&agrave;o vi&#7879;c n&#7855;m gi&#7919;, stake v&agrave; quy &#273;&#7893;i t&agrave;i s&#7843;n m&agrave; kh&ocirc;ng giao d&#7883;ch t&ugrave;y &yacute;.&nbsp;
H&#417;n n&#7919;a, <a href="https://vn.beincrypto.com/irs-crypto-etf-staking-safe-harbor/" target="_blank" rel="noreferrer noopener">c&aacute;c h&#432;&#7899;ng d&#7851;n</a> n&agrave;y <a href="https://beincrypto.com/irs-crypto-etf-staking-safe-harbor/" target="_blank" rel="noreferrer noopener">&#273;&atilde; gi&#7843;i quy&#7871;t c&aacute;c m&#417; h&#7891; v&#7873; thu&#7871; tr&#432;&#7899;c &#273;&acirc;y</a>. &#272;i&#7873;u n&agrave;y c&oacute; th&#7875; m&#7903; &#273;&#432;&#7901;ng cho s&#7921; ch&#7845;p thu&#7853;n c&#7911;a SEC &#273;&#7889;i v&#7899;i c&aacute;c s&#7843;n ph&#7849;m bao g&#7891;m staking, nh&#432; SEI ETF c&#7911;a Canary.
B&ecirc;n c&#7841;nh Canary, Rex-Osprey c&#361;ng &#273;&atilde; n&#7897;p &#273;&#417;n cho m&#7897;t ETF SEI c&oacute; stake. Cu&#7889;i c&ugrave;ng, 21Shares &#273;ang t&igrave;m ki&#7871;m s&#7921; ch&#7845;p thu&#7853;n c&#7911;a SEC cho m&#7897;t ETF t&#7853;p trung v&agrave;o SEI. &#272;i&#7873;u n&agrave;y ph&#7843;n &aacute;nh <a href="https://vn.beincrypto.com/xrp-etf-launches-with-record-volume/" target="_blank" rel="noreferrer noopener">s&#7921; quan t&acirc;m r&#7897;ng l&#7899;n c&#7911;a c&aacute;c t&#7893; ch&#7913;c</a> mu&#7889;n &#273;&#7847;u t&#432; v&agrave;o m&#7841;ng l&#432;&#7899;i Sei.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-sei-climbs-in-net-flows-even-as-tvl-suffers">SEI t&#259;ng tr&#432;&#7903;ng trong d&ograve;ng ti&#7873;n r&ograve;ng d&ugrave; TVL g&#7863;p kh&oacute; kh&#259;n</h2>

Trong khi &#273;&oacute;, Sei &#273;ang ch&#7913;ng ki&#7871;n s&#7921; chuy&#7875;n &#273;&#7897;ng v&#7889;n m&#7841;nh m&#7869;. Theo ph&acirc;n t&iacute;ch t&#7915; Artemis Analytics, m&#7841;ng l&#432;&#7899;i n&agrave;y hi&#7879;n <a href="https://app.artemisanalytics.com/flows" target="_blank" rel="noreferrer noopener nofollow">x&#7871;p th&#7913; hai</a> v&#7873; d&ograve;ng v&#7889;n r&ograve;ng trong 24 gi&#7901; qua, v&#7899;i nh&#7853;n v&#7889;n m&#7841;nh m&#7869; chi&#7871;m ph&#7847;n l&#7899;n. Xu h&#432;&#7899;ng n&agrave;y cho th&#7845;y c&aacute;c nh&agrave; &#273;&#7847;u t&#432; &#273;ang chuy&#7875;n h&#432;&#7899;ng v&agrave;o SEI b&#7845;t ch&#7845;p s&#7921; bi&#7871;n &#273;&#7897;ng c&#7911;a th&#7883; tr&#432;&#7901;ng chung.&nbsp;
C&aacute;c nh&agrave; ph&acirc;n t&iacute;ch c&#361;ng ng&agrave;y c&agrave;ng l&#7841;c quan v&#7873; ti&#7873;m n&#259;ng gi&aacute; c&#7911;a SEI. ZAYK Charts <a href="https://x.com/ZAYKCharts/status/1989195393612259688" target="_blank" rel="noreferrer noopener nofollow">nh&#7853;n &#273;&#7883;nh</a> r&#7857;ng &#273;&#7891;ng altcoin n&agrave;y &#273;ang ho&agrave;n th&agrave;nh m&#7897;t chu k&#7923; n&ecirc;m gi&#7843;m, cho r&#7857;ng n&#7871;u b&#7913;t ph&aacute;, SEI c&oacute; th&#7875; t&#259;ng gi&aacute; m&#7841;nh t&#7915; 100&ndash;150%.
Tuy nhi&ecirc;n, d&#7919; li&#7879;u on-chain l&#7841;i cho th&#7845;y m&#7897;t b&#7913;c tranh ph&#7913;c t&#7841;p h&#417;n. <a target="_blank" href="https://beincrypto.com/learn/defillama-guide" rel="noreferrer noopener">S&#7889; li&#7879;u t&#7915; DefiLlama</a> cho th&#7845;y c&oacute; s&#7921; suy gi&#7843;m l&#7899;n trong t&#7893;ng gi&aacute; tr&#7883; kh&oacute;a (TVL) c&#7911;a m&#7841;ng trong th&aacute;ng 11, &#273;&aacute;nh d&#7845;u &#273;&#7907;t gi&#7843;m l&#7899;n nh&#7845;t trong g&#7847;n hai n&#259;m.&nbsp;
Kho&#7843;ng 1 t&#7927; token SEI &#273;&atilde; b&#7883; unstake, ph&#7843;n &aacute;nh t&#7927; l&#7879; r&uacute;t lui kh&#7887;i h&#7879; sinh th&aacute;i t&#259;ng nhanh.
<img style="height:400px;width:640px;" decoding="async" alt="Sei TVL gi&#7843;m trong th&aacute;ng 11" class="wp-image-773188 lazy" loading="lazy" src="https://assets.beincrypto.com/img/iwRjFGPegGvWSLyniydXhk24It4=/smart/f08621dce0c0428bbc715c5e05d55df8">Sei TVL gi&#7843;m trong th&aacute;ng 11. Ngu&#7891;n: <a href="https://defillama.com/chain/sei?currency=USD" target="_blank" rel="noreferrer noopener nofollow">DefiLlama</a>

Do &#273;&oacute;, hi&#7879;n t&#7841;i, vi&#7879;c ni&ecirc;m y&#7871;t ch&#7881; ph&#7909;c v&#7909; nh&#432; m&#7897;t t&iacute;n hi&#7879;u quy tr&igrave;nh nh&#432;ng &yacute; ngh&#297;a cho th&#7845;y con &#273;&#432;&#7901;ng ti&#7871;p c&#7853;n SEI c&#7911;a c&aacute;c t&#7893; ch&#7913;c &#273;ang d&#7847;n &#273;&#7883;nh h&igrave;nh&mdash;d&#432;&#7899;i b&#7889;i c&#7843;nh c&aacute;c d&ograve;ng v&#7889;n &#273;ang ph&#7909;c h&#7891;i v&agrave; nh&#7919;ng th&aacute;ch th&#7913;c c&ograve;n t&#7891;n t&#7841;i trong m&#7841;ng l&#432;&#7899;i.

DTCC niêm yết ETF SEI được stake của Canary khi thị trường chờ quyết định từ SEC

Qu&#7929; ho&aacute;n &#273;&#7893;i danh m&#7909;c (ETF) Canary Staked SEI &#273;&atilde; &#273;&#432;&#7907;c ch&iacute;nh th&#7913;c &#273;&#259;ng k&yacute; tr&ecirc;n n&#7873;n t&#7843;ng Depository Trust &amp; Clearing Corporation (DTCC).
Vi&#7879;c ni&ecirc;m y&#7871;t n&agrave;y kh&ocirc;ng c&#7845;u th&agrave;nh s&#7921; ch&#7845;p thu&#7853;n c&#7911;a &#7910;y ban Ch&#7913;ng kho&aacute;n v&agrave; Giao d&#7883;ch Hoa K&#7923; (SEC). D&ugrave; v&#7853;y, &#273;&acirc;y l&agrave; m&#7897;t b&#432;&#7899;c ti&#7871;n l&#7899;n trong quy tr&igrave;nh ho&#7841;t &#273;&#7897;ng v&agrave; th&#432;&#7901;ng &#273;&#432;&#7907;c xem l&agrave; m&#7897;t t&iacute;n hi&#7879;u t&iacute;ch c&#7921;c.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-canary-s-staked-sei-etf-joins-dtcc-list">Qu&#7929; ETF SEI Staked c&#7911;a Canary tham gia danh s&aacute;ch DTCC</h2>

Theo h&#7891; s&#417; c&#7911;a DTCC, s&#7843;n ph&#7849;m n&agrave;y hi&#7879;n thu&#7897;c danh m&#7909;c &ldquo;ho&#7841;t &#273;&#7897;ng v&agrave; ti&#7873;n c&ocirc;ng b&#7889;&rdquo;. Ph&acirc;n lo&#7841;i n&agrave;y ch&#7881; ra r&#7857;ng <a target="_blank" href="https://vn.beincrypto.com/solana-xrp-hbar-etfs-listed-on-dtcc/" rel="noreferrer noopener">ETF &#273;&atilde; s&#7861;n s&agrave;ng v&#7873; m&#7863;t k&#7929; thu&#7853;t</a> cho giao d&#7883;ch v&agrave; thanh to&aacute;n &#273;i&#7879;n t&#7917; trong t&#432;&#417;ng lai, ch&#7901; &#273;&#7907;i s&#7921; ph&ecirc; duy&#7879;t t&#7915; SEC.&nbsp;
<img style="height:400px;width:640px;"decoding="async" alt="ETF Staked SEI c&#7911;a Canary trong danh s&aacute;ch c&#7911;a DTCC. Ngu&#7891;n" class="wp-image-773187 lazy" loading="lazy" src="https://assets.beincrypto.com/img/ym_MRfXWDHvQkfPNFXVadxwNOUY=/smart/95b266a0d5414de68813b19dd27baea3">ETF Staked SEI c&#7911;a Canary trong danh s&aacute;ch c&#7911;a DTCC. Ngu&#7891;n: <a href="https://www.dtcc.com/products/cs/exchange_traded_funds_plain_new.php" target="_blank" rel="noreferrer noopener nofollow">Danh s&aacute;ch ETF Ho&#7841;t &#273;&#7897;ng v&agrave; Ti&#7873;n C&ocirc;ng B&#7889; c&#7911;a DTCC</a>

Quan tr&#7885;ng l&agrave;, ETF n&agrave;y ch&#432;a th&#7875; &#273;&#432;&#7907;c t&#7841;o ho&#7863;c quy &#273;&#7893;i, c&oacute; ngh&#297;a l&agrave; n&oacute; v&#7851;n ch&#432;a ho&#7841;t &#273;&#7897;ng d&ugrave; &#273;&atilde; &#273;&#432;&#7907;c th&ecirc;m v&agrave;o h&#7879; th&#7889;ng c&#7911;a DTCC. Tuy nhi&ecirc;n, vi&#7879;c ni&ecirc;m y&#7871;t l&agrave; m&#7897;t <a target="_blank" href="https://beincrypto.com/learn/how-to-prepare-bitcoin-etf" rel="noreferrer noopener">b&#432;&#7899;c ti&ecirc;u chu&#7849;n trong quy tr&igrave;nh tri&#7875;n khai</a> ETF, th&#432;&#7901;ng &#273;&#432;&#7907;c th&#7883; tr&#432;&#7901;ng xem l&agrave; t&iacute;n hi&#7879;u c&#7911;a s&#7921; t&#7921; tin t&#7915; ph&iacute;a ph&aacute;t h&agrave;nh.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;DTCC x&#7917; l&yacute; vi&#7879;c thanh to&aacute;n v&agrave; l&#432;u k&yacute; h&#7853;u tr&#432;&#7901;ng cho h&#7847;u h&#7871;t c&aacute;c c&#7893; phi&#7871;u v&agrave; ETF &#7903; M&#7929;. &#272;i&#7873;u n&agrave;y &#273;&#432;a ETF SEI v&agrave;o quy tr&igrave;nh th&ocirc;ng th&#432;&#7901;ng tr&#432;&#7899;c khi n&oacute; xu&#7845;t hi&#7879;n tr&ecirc;n c&aacute;c n&#7873;n t&#7843;ng m&ocirc;i gi&#7899;i. Khi t&acirc;m l&yacute; th&#7883; tr&#432;&#7901;ng quay &#273;&#7847;u, SEI s&#7869; l&agrave; m&#7897;t &#7913;ng vi&ecirc;n t&#259;ng tr&#432;&#7903;ng m&#7841;nh,&rdquo; m&#7897;t nh&agrave; ph&acirc;n t&iacute;ch <a href="https://x.com/nottellingyou73/status/1989151824276775184" target="_blank" rel="noreferrer noopener nofollow">nh&#7853;n x&eacute;t</a>.
</blockquote>

Canary Capital <a href="https://www.sec.gov/Archives/edgar/data/2066353/000199937125005157/sei-s1_042925.htm" target="_blank" rel="noreferrer noopener nofollow">&#273;&atilde; n&#7897;p</a> m&#7897;t t&agrave;i li&#7879;u S-1 &#273;&#7847;u n&#259;m nay &#273;&#7875; gi&#7899;i thi&#7879;u m&#7897;t ETF SEI c&oacute; stake. L&uacute;c &#273;&oacute;, SEC &#273;&atilde; c&oacute; th&aacute;i &#273;&#7897; th&#7853;n tr&#7885;ng v&#7899;i <a href="https://beincrypto.com/learn/crypto-staking/" target="_blank" rel="noreferrer noopener">c&#417; ch&#7871; stake trong c&aacute;c s&#7843;n ph&#7849;m ETF</a>. Tuy nhi&ecirc;n, quan &#273;i&#7875;m c&#7911;a c&#417; quan qu&#7843;n l&yacute; &#273;&atilde; thay &#273;&#7893;i.
<a target="_blank" href="https://vn.beincrypto.com/irs-treasury-crypto-etf-staking-safe-harbor/" rel="noreferrer noopener">BeInCrypto &#273;&atilde; &#273;&#432;a tin r&#7857;ng</a> B&#7897; T&agrave;i ch&iacute;nh M&#7929; v&agrave; C&#417; quan Thu&#7871; &#273;&atilde; ban h&agrave;nh Quy tr&igrave;nh Thu nh&#7853;p 2025-31, thi&#7871;t l&#7853;p m&#7897;t c&#7845;u tr&uacute;c r&otilde; r&agrave;ng v&#7873; giao d&#7883;ch an to&agrave;n cho c&aacute;c ETF v&agrave; qu&#7929; t&iacute;n th&aacute;c ti&#7873;n &#273;i&#7879;n t&#7917; mu&#7889;n tham gia staking v&agrave; ph&acirc;n ph&#7889;i ph&#7847;n th&#432;&#7903;ng cho nh&agrave; &#273;&#7847;u t&#432;.&nbsp;
Quy tr&igrave;nh n&agrave;y y&ecirc;u c&#7847;u c&aacute;c &#273;i&#7873;u ki&#7879;n nghi&ecirc;m ng&#7863;t, bao g&#7891;m vi&#7879;c ch&#7881; gi&#7919; m&#7897;t lo&#7841;i t&agrave;i s&#7843;n k&#7929; thu&#7853;t s&#7889; c&ugrave;ng ti&#7873;n m&#7863;t, s&#7917; d&#7909;ng c&aacute;c &#273;&#417;n v&#7883; l&#432;u k&yacute; &#273;&#432;&#7907;c c&ocirc;ng nh&#7853;n &#273;&#7875; qu&#7843;n l&yacute; kh&oacute;a, duy tr&igrave; ch&iacute;nh s&aacute;ch thanh kho&#7843;n &#273;&#432;&#7907;c SEC ph&ecirc; duy&#7879;t, v&agrave; gi&#7899;i h&#7841;n c&aacute;c ho&#7841;t &#273;&#7897;ng v&agrave;o vi&#7879;c n&#7855;m gi&#7919;, stake v&agrave; quy &#273;&#7893;i t&agrave;i s&#7843;n m&agrave; kh&ocirc;ng giao d&#7883;ch t&ugrave;y &yacute;.&nbsp;
H&#417;n n&#7919;a, <a href="https://vn.beincrypto.com/irs-crypto-etf-staking-safe-harbor/" target="_blank" rel="noreferrer noopener">c&aacute;c h&#432;&#7899;ng d&#7851;n</a> n&agrave;y <a href="https://beincrypto.com/irs-crypto-etf-staking-safe-harbor/" target="_blank" rel="noreferrer noopener">&#273;&atilde; gi&#7843;i quy&#7871;t c&aacute;c m&#417; h&#7891; v&#7873; thu&#7871; tr&#432;&#7899;c &#273;&acirc;y</a>. &#272;i&#7873;u n&agrave;y c&oacute; th&#7875; m&#7903; &#273;&#432;&#7901;ng cho s&#7921; ch&#7845;p thu&#7853;n c&#7911;a SEC &#273;&#7889;i v&#7899;i c&aacute;c s&#7843;n ph&#7849;m bao g&#7891;m staking, nh&#432; SEI ETF c&#7911;a Canary.
B&ecirc;n c&#7841;nh Canary, Rex-Osprey c&#361;ng &#273;&atilde; n&#7897;p &#273;&#417;n cho m&#7897;t ETF SEI c&oacute; stake. Cu&#7889;i c&ugrave;ng, 21Shares &#273;ang t&igrave;m ki&#7871;m s&#7921; ch&#7845;p thu&#7853;n c&#7911;a SEC cho m&#7897;t ETF t&#7853;p trung v&agrave;o SEI. &#272;i&#7873;u n&agrave;y ph&#7843;n &aacute;nh <a href="https://vn.beincrypto.com/xrp-etf-launches-with-record-volume/" target="_blank" rel="noreferrer noopener">s&#7921; quan t&acirc;m r&#7897;ng l&#7899;n c&#7911;a c&aacute;c t&#7893; ch&#7913;c</a> mu&#7889;n &#273;&#7847;u t&#432; v&agrave;o m&#7841;ng l&#432;&#7899;i Sei.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-sei-climbs-in-net-flows-even-as-tvl-suffers">SEI t&#259;ng tr&#432;&#7903;ng trong d&ograve;ng ti&#7873;n r&ograve;ng d&ugrave; TVL g&#7863;p kh&oacute; kh&#259;n</h2>

Trong khi &#273;&oacute;, Sei &#273;ang ch&#7913;ng ki&#7871;n s&#7921; chuy&#7875;n &#273;&#7897;ng v&#7889;n m&#7841;nh m&#7869;. Theo ph&acirc;n t&iacute;ch t&#7915; Artemis Analytics, m&#7841;ng l&#432;&#7899;i n&agrave;y hi&#7879;n <a href="https://app.artemisanalytics.com/flows" target="_blank" rel="noreferrer noopener nofollow">x&#7871;p th&#7913; hai</a> v&#7873; d&ograve;ng v&#7889;n r&ograve;ng trong 24 gi&#7901; qua, v&#7899;i nh&#7853;n v&#7889;n m&#7841;nh m&#7869; chi&#7871;m ph&#7847;n l&#7899;n. Xu h&#432;&#7899;ng n&agrave;y cho th&#7845;y c&aacute;c nh&agrave; &#273;&#7847;u t&#432; &#273;ang chuy&#7875;n h&#432;&#7899;ng v&agrave;o SEI b&#7845;t ch&#7845;p s&#7921; bi&#7871;n &#273;&#7897;ng c&#7911;a th&#7883; tr&#432;&#7901;ng chung.&nbsp;
C&aacute;c nh&agrave; ph&acirc;n t&iacute;ch c&#361;ng ng&agrave;y c&agrave;ng l&#7841;c quan v&#7873; ti&#7873;m n&#259;ng gi&aacute; c&#7911;a SEI. ZAYK Charts <a href="https://x.com/ZAYKCharts/status/1989195393612259688" target="_blank" rel="noreferrer noopener nofollow">nh&#7853;n &#273;&#7883;nh</a> r&#7857;ng &#273;&#7891;ng altcoin n&agrave;y &#273;ang ho&agrave;n th&agrave;nh m&#7897;t chu k&#7923; n&ecirc;m gi&#7843;m, cho r&#7857;ng n&#7871;u b&#7913;t ph&aacute;, SEI c&oacute; th&#7875; t&#259;ng gi&aacute; m&#7841;nh t&#7915; 100&ndash;150%.
Tuy nhi&ecirc;n, d&#7919; li&#7879;u on-chain l&#7841;i cho th&#7845;y m&#7897;t b&#7913;c tranh ph&#7913;c t&#7841;p h&#417;n. <a target="_blank" href="https://beincrypto.com/learn/defillama-guide" rel="noreferrer noopener">S&#7889; li&#7879;u t&#7915; DefiLlama</a> cho th&#7845;y c&oacute; s&#7921; suy gi&#7843;m l&#7899;n trong t&#7893;ng gi&aacute; tr&#7883; kh&oacute;a (TVL) c&#7911;a m&#7841;ng trong th&aacute;ng 11, &#273;&aacute;nh d&#7845;u &#273;&#7907;t gi&#7843;m l&#7899;n nh&#7845;t trong g&#7847;n hai n&#259;m.&nbsp;
Kho&#7843;ng 1 t&#7927; token SEI &#273;&atilde; b&#7883; unstake, ph&#7843;n &aacute;nh t&#7927; l&#7879; r&uacute;t lui kh&#7887;i h&#7879; sinh th&aacute;i t&#259;ng nhanh.
<img style="height:400px;width:640px;"decoding="async" alt="Sei TVL gi&#7843;m trong th&aacute;ng 11" class="wp-image-773188 lazy" loading="lazy" src="https://assets.beincrypto.com/img/iwRjFGPegGvWSLyniydXhk24It4=/smart/f08621dce0c0428bbc715c5e05d55df8">Sei TVL gi&#7843;m trong th&aacute;ng 11. Ngu&#7891;n: <a href="https://defillama.com/chain/sei?currency=USD" target="_blank" rel="noreferrer noopener nofollow">DefiLlama</a>

Do &#273;&oacute;, hi&#7879;n t&#7841;i, vi&#7879;c ni&ecirc;m y&#7871;t ch&#7881; ph&#7909;c v&#7909; nh&#432; m&#7897;t t&iacute;n hi&#7879;u quy tr&igrave;nh nh&#432;ng &yacute; ngh&#297;a cho th&#7845;y con &#273;&#432;&#7901;ng ti&#7871;p c&#7853;n SEI c&#7911;a c&aacute;c t&#7893; ch&#7913;c &#273;ang d&#7847;n &#273;&#7883;nh h&igrave;nh&mdash;d&#432;&#7899;i b&#7889;i c&#7843;nh c&aacute;c d&ograve;ng v&#7889;n &#273;ang ph&#7909;c h&#7891;i v&agrave; nh&#7919;ng th&aacute;ch th&#7913;c c&ograve;n t&#7891;n t&#7841;i trong m&#7841;ng l&#432;&#7899;i.