21Shares Replaces CME CF with FTSE Indices for U.S. Crypto ETFs
21Shares confirms benchmark switch to FTSE digital-asset indices for TOXR and other U.S. crypto ETFs effective 27 August 2026; shares unchanged.
21Shares is replacing CME CF reference rates with FTSE digital-asset indices for its U.S. crypto ETFs effective 27 August 2026. The change applies to the XRP fund TOXR and several other single-asset products.
Operational detail only
Fund shares themselves remain unchanged; only the reference price for NAV calculation is affected. The exact list of affected funds beyond TOXR is not provided, and any impact on tracking error or liquidity is not stated.