secwatch.observer — SEC 8-K summary
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Issuer:     21Shares Ethereum ETF (TETH)
CIK:        0001992508
Form:       8-K
Filed at:   2024-09-12T23:59:59+00:00
Accession:  0001213900-24-077940
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

21Shares Core Ethereum ETF adds two new custodians for ether holdings
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1992508/000121390024077940/0001213900-24-077940-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1992508/000121390024077940/ea021367701-8k_21shares.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-077940

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer