21Shares Announces Updates to Crypto Reference Prices for Four Key ETPs

21Shares AG, a Swiss issuer of crypto exchange-traded products (ETPs), has updated reference prices for four key Bitcoin and Ethereum-linked ETPs listed on the London Stock Exchange, effective March 26, 2026. This change involves appointing FTSE International Limited as an additional index administrator and transitioning reference prices to FTSE indices, enhancing price reliability and standardization.

Key Takeaways

New Index Appointment: FTSE International Limited will serve as an index administrator for 21Shares' ETPs.
Reference Price Change: Transition from CCIX Bitcoin and Ethereum USD prices to FTSE Bitcoin and Ethereum indices.
ETPs Affected: Four specific ETPs: Bitcoin ETP, Ethereum Staking ETP, Bitcoin Core ETP, and Ethereum Core Staking ETP.
Investor Health: Updates aim to boost transparency and investor confidence in volatile digital asset markets.

21Shares Updates Crypto Reference Prices for Four Key ETPs

The Transition to FTSE Indices

Starting March 26, 2026, 21Shares will shift from using the CCIX Bitcoin USD (CCBTC) and CCIX Ethereum USD (CCETH) prices for their ETPs to utilizing the FTSE Bitcoin Index (1HR 1700 CET) for Bitcoin products and the FTSE Ethereum Index (1HR 1700 CET) for Ethereum products. The new Bloomberg index codes to be used will be FBTC1HRE for Bitcoin and FETH1HRE for Ethereum.

The FTSE Global Digital Asset Index Series administered by FTSE Russell provides robust benchmarks for digital assets. These indices leverage FTSE DAR Reference Prices, where the “1HR 1700 CET” designation indicates the price is determined from a one-hour lookback at 17:00 Central European Time.

The goal of this transition is to ensure the provision of trustworthy pricing for crypto assets, based on data gathered from reputable exchanges and reliable data sources.

Enhancing Pricing Robustness

The modifications introduced will enhance the reliability and consistency of pricing for the affected ETPs, integrating them into FTSE Russell's established standards. This shift comes as interest in digital assets from institutional investors continues to grow.

Aside from these changes, all other aspects of the products—including fees, structure, and regulatory listings from the UK's Financial Conduct Authority—will remain unchanged.

21Shares AG, located at Pelikanstrasse 37, 8001 Zurich, Switzerland, advises that comprehensive details are available in its UK Base Prospectus dated January 8, 2026, found on its website. This announcement should not be viewed as an offer to sell securities, especially in the United States, where registration has not occurred for these products.

Broader Market Trends

This strategic move by 21Shares illustrates broader trends within the crypto ETP landscape, favoring diversified, high-standard index providers to enhance clarity and confidence for investors navigating the unpredictable digital asset markets.

As Wall Street increases its stakes in crypto products, and wealthy investors turn their attention toward crypto infrastructure, establishing a reliable method for calculating the value of these assets becomes vital to accurately reflect overall market performance.

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