21Shares Renames Staking Funds and Implements Pricing and Fee Changes
On August 25, 2026, 21Shares announced three key changes to its U.S. crypto ETFs: renaming two funds to highlight staking features, switching pricing data sources from CF Benchmarks to FTSE Russell starting August 27, and changing the frequency of fee collection for sponsor fees from weekly to quarterly. The Ethereum ETF was renamed 'Ethereum Staking ETF,' while the Polkadot fund became the 'Polkadot Staking ETF.' The Bitcoin (ARKB), XRP, and Dogecoin funds retained their names. This rebranding reflects a growing trend in emphasizing yield generation through staking among crypto products. The shift to FTSE pricing marks a departure from industry norms as CF Benchmarks' rates will no longer be used after August 31. The change affects the daily net asset value of all five funds, potentially influencing investor statements and fund performance tracking.
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Topics: ETF fee_changes rebranding staking