21Shares Tethers Ethereum Staking ETF to FTSE Index

21Shares has entered into a new licensing agreement with FTSE International to use the FTSE Ethereum Index for the NAV calculation of its Ethereum Staking ETF, starting August 27th, 2026. This move replaces the previous license with CF Benchmarks for the CME CF Ether-Dollar Reference Rate - New York Variant, which will terminate on August 31st, 2026.

The new agreement is an initial one-year term that automatically renews annually. FTSE International's expertise in digital asset indices was a key factor in this decision, aiming to ensure continuity and alignment with industry standards.