Business UpdateJul 7, 2026, 04:32 PM
21Shares Dogecoin ETF Changes Benchmark Provider
AI Summary
21Shares Dogecoin ETF's Sponsor, 21Shares US LLC, has terminated its licensing agreement with CF Benchmarks Ltd., effective August 31, 2026. This agreement provided the Pricing Benchmark used to value the Trust's shares and calculate its net asset value. The termination is part of a broader transition to a new benchmark provider. The Sponsor intends to enter a new licensing agreement with FTSE International Limited around August 24, 2026, for similar index data services.
Key Highlights
- 21Shares Dogecoin ETF terminated its licensing agreement with CF Benchmarks Ltd. for the Pricing Benchmark.
- Termination is effective August 31, 2026, following notice given on June 30, 2026.
- The Pricing Benchmark is used to value the Trust's shares and calculate its net asset value daily.
- The Sponsor plans to enter a new licensing agreement with FTSE International Limited around August 24, 2026.
- FTSE will provide index data for developing, calculating, and marketing the Trust.
Price Impact
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