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Tim Hakki
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21Shares AG, a Switzerland based issuer of crypto exchange-traded products (ETPs), has announced significant updates to four of its Bitcoin and Ethereum-linked ETPs listed on the London Stock Exchange.
Effective March 26, 2026, the company will appoint FTSE International Limited as an additional index administrator for its program and switch the crypto asset reference prices used for these products.
The affected ETPs include:
- 21Shares Bitcoin ETP (ISIN: CH0454664001, tickers: ABTC / BTCU)
- 21Shares Ethereum Staking ETP (ISIN: CH0454664027, tickers: AETH / ETHU)
- 21Shares Bitcoin Core ETP (ISIN: CH1199067674, tickers: CBTC / CBTU)
- 21Shares Ethereum Core Staking ETP (ISIN: CH1209763130, tickers: ETHC / CETU)
Currently, these products rely on CCIX Bitcoin USD (CCBTC) and CCIX Ethereum USD (CCETH) as their reference prices.
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How 21Shares and FTSE are Repricing Crypto ETPs
Henceforth, from March 26 onwards, they will transition to the FTSE Bitcoin Index (1HR 1700 CET) for Bitcoin products and the FTSE Ethereum Index (1HR 1700 CET) for Ethereum products. Accordingly, the corresponding new Bloomberg index codes will be FBTC1HRE and FETH1HRE, respectively.
The FTSE Global Digital Asset Index Series, administered by FTSE Russell (part of London Stock Exchange Group), provides institutional-grade benchmarks for digital assets.
These single-asset indices use a methodology involving the FTSE DAR Reference Prices, with the “1HR 1700 CET” variant applying a one-hour lookback to determine fixes at 17:00 Central European Time.
In essence, this aims to deliver reliable, screened pricing for crypto exposures, drawing from vetted exchanges and data sources.
The new changes subsequently enhance the robustness and standardization of pricing for these ETPs, aligning them with FTSE Russell’s established framework amid growing institutional interest in digital assets.
All other product details, including fees, structure, and regulatory listings with the UK’s Financial Conduct Authority, remain unchanged.
21Shares AG, headquartered at Pelikanstrasse 37, 8001 Zurich, Switzerland, emphasized that full details are available in its UK Base Prospectus dated January 8, 2026, accessible on its website. The announcement is not an offer to sell securities, particularly in the United States, where the products are not registered.
All things considered, this move reflects broader trends in the crypto ETP space toward diversified, high-quality index providers to improve transparency and investor confidence in volatile digital asset markets.
As Wall Street deepens its involvement in crypto products and billionaire investors increasingly eye crypto infrastructure, the methodology for weighting and pricing these basket components consequently becomes critical for maintaining accurate exposure to the broader market performance.
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