Ark 21Shares Bitcoin ETF will transition its pricing benchmark, planning to enter an index data licensing agreement with FTSE on or about August 24, 2026, while terminating its current pricing benchmark license with CF Benchmarks effective August 31, 2026. The new FTSE license will permit use of FTSE index data to support daily valuation and NAV calculation, featuring a one-year initial term with automatic renewals. The CF Benchmarks agreement, which enabled use of the CME CF Bitcoin Reference Rate—New York Variant, is being ended early pursuant to its terms, with no exit fees disclosed. The Sponsor expects the change to maintain continuity of benchmark administration and support ongoing operations of the Trust.
New agreement details:
- Agreement type: Index data licensing agreement
- Counterparty: FTSE
- Signed / Effective: Aug 24 2026 / same
- Duration / Termination: 1-year initial term; auto-renews annually
- Reason: Transition to a new benchmark provider
Terminated agreement details:
- Agreement terminated: Pricing benchmark licensing agreement for CME CF Bitcoin Reference Rate—New York Variant
- Counterparty: CF Benchmarks
- Original agreement date: N/A
- Termination date: Aug 31 2026
- Termination type: Early
- Exit fees / payments: None
- Reason: Transition to a new benchmark provider
Original SEC Filing:
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