other material
confidence high
sentiment neutral
materiality 0.50
21Shares Core Ethereum ETF adds two new custodians for ether holdings
21Shares Ethereum ETF
- Entered separate custodial agreements with BitGo New York Trust and Anchorage Digital Bank, effective Sept 11, 2024.
- Existing Coinbase arrangement remains; sponsor will allocate ether among three custodians based on security, insurance, fees.
- Sponsor bears costs for on-chain transfers between custodians; allocation may change without shareholder notice.
- Agreements have one-year initial term, auto-renew unless either party provides notice.