Sei News Today: Why SEI Is Down – 30 September 2026

• Canary Capital filed Amendment No. 2 for a staked SEI ETF, reported by Sei Network on 29 September 2026. • The fund would hold spot SEI with approximately 90% of its holdings potentially staked, pending regulatory approval. • A market calendar listed 23 October 2026 as the expected effective date, not confirmation of approval or trading. • SIP-3 retired Sei's Cosmos and CosmWasm stack, shifting fully to an EVM-based architecture. • Sei Giga's Ares and Eidos engines launched in August 2026, targeting 200,000 TPS and sub-250-millisecond finality.