other material
confidence high
sentiment neutral
materiality 0.55
ARK 21Shares Bitcoin ETF to switch pricing benchmark from CF Benchmarks to FTSE
Ark 21Shares Bitcoin ETF
- Terminated licensing agreement with CF Benchmarks for CME CF Bitcoin Reference Rate—New York Variant, effective Aug 31, 2026.
- Sponsor intends to enter licensing agreement with FTSE International Limited around Aug 24, 2026 for FTSE index data.
- FTSE will provide non-exclusive license for use in developing, calculating, and marketing the Trust.
- Change is part of a broader transition to a new benchmark provider; FTSE is unaffiliated with Sponsor.
- FTSE is experienced in digital asset indices; license expected to have one-year initial term with auto-renewal.