21Shares Solana ETF is transitioning its pricing benchmark provider, planning to enter a new index data licensing agreement with FTSE on or about August 24, 2026, while terminating its current CF Benchmarks license effective August 31, 2026. The FTSE license is expected to cover use of index data for daily valuation and NAV calculation under a one-year initial term with automatic renewals. The CF Benchmarks agreement, which provided the CME CF Solana-Dollar Reference Rate - New York Variant, will end pursuant to its terms as part of this shift.
New agreement details:
- Agreement type: Index data licensing agreement
- Counterparty: FTSE
- Signed / Effective: Aug 24 2026 / Aug 24 2026
- Duration / Termination: One-year initial term with automatic one-year renewals
- Reason: Transition to a new benchmark provider
Terminated agreement details:
- Agreement terminated: Pricing Benchmark Licensing Agreement for CME CF Solana-Dollar Reference Rate - New York Variant
- Counterparty: CF Benchmarks
- Original agreement date: N/A
- Termination date: Aug 31 2026
- Termination type: Early
- Exit fees / payments: N/A
- Reason: Transition to a new benchmark provider
Original SEC Filing:
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