Is Wavesifter legal in Standard, Modern, and Commander?

Wavesifter is legal in: Modern, Legacy, Vintage, Commander, Pauper, Historic.

What type of card is Wavesifter?

Wavesifter is a Creature — Elemental. Its oracle text reads: "Flying When this creature enters, investigate twice. (To investigate, create a Clue token. It's an artifact with "{2}, Sacrifice this token: Draw a card.") Evoke {G}{U} (You may cast this spell for its evoke cost. If you do, it's sacrificed when it enters.)"