iShares Ethereum Trust ETF Files 8-K with New Agreements
Ticker: ETHA · Form: 8-K · Filed: Sep 19, 2024 · CIK: 2000638
| Field | Detail |
|---|---|
| Company | Ishares Ethereum Trust Etf (ETHA) |
| Form Type | 8-K |
| Filed Date | Sep 19, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: etf, filing, agreement
TL;DR
iShares Ethereum Trust ETF signed new material agreements, filing updated docs with SEC.
AI Summary
On September 16, 2024, iShares Ethereum Trust ETF entered into a material definitive agreement related to its operations. The filing, submitted on September 19, 2024, also includes financial statements and exhibits, providing updated information for the ETF.
Why It Matters
This filing indicates new material agreements for the iShares Ethereum Trust ETF, which could impact its operational structure and financial reporting.
Risk Assessment
Risk Level: low — The filing is a standard 8-K reporting a material definitive agreement and financial statements, which is routine for ETFs.
Key Numbers
- 001-42166 — SEC File Number (Identifies the ETF's registration with the SEC.)
- 99-6353885 — IRS Employer Identification No. (Tax identification number for the ETF.)
Key Players & Entities
- iShares Ethereum Trust ETF (company) — Registrant
- iShares Delaware Trust Sponsor LLC (company) — Sponsor
- September 16, 2024 (date) — Date of Earliest Event Reported
- September 19, 2024 (date) — Filing Date
FAQ
What type of material definitive agreement was entered into by the iShares Ethereum Trust ETF?
The filing does not specify the exact nature of the material definitive agreement, only that one was entered into on September 16, 2024.
When was the iShares Ethereum Trust ETF incorporated?
The iShares Ethereum Trust ETF is incorporated in Delaware, as indicated by the filing.
What is the principal executive office address for the iShares Ethereum Trust ETF?
The principal executive office is located at c/o iShares Delaware Trust Sponsor LLC, 400 Howard Street, San Francisco, California 94105.
What is the fiscal year end for the iShares Ethereum Trust ETF?
The fiscal year end for the iShares Ethereum Trust ETF is December 31st.
What is the SEC Act under which this 8-K was filed?
This 8-K was filed under the 1934 Act.
Filing Stats: 698 words · 3 min read · ~2 pages · Grade level 13.3 · Accepted 2024-09-19 17:26:18
Filing Documents
- iset20240917_8k.htm (8-K) — 37KB
- ex_725145.htm (EX-10.1) — 23KB
- 0001437749-24-029620.txt ( ) — 199KB
- noticker-20240916.xsd (EX-101.SCH) — 3KB
- noticker-20240916_def.xml (EX-101.DEF) — 12KB
- noticker-20240916_lab.xml (EX-101.LAB) — 15KB
- noticker-20240916_pre.xml (EX-101.PRE) — 12KB
- iset20240917_8k_htm.xml (XML) — 3KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. On September 16, 2024, BlackRock Fund Advisors, as administrative trustee of iShares Ethereum Trust ETF (the "Trust"), and Coinbase Inc., on behalf of itself and as agent for Coinbase Credit, Inc. and Coinbase Custody Trust Company, LLC, entered into the Amendment (the "Amendment") to the Third Amended and Restated Coinbase Prime Broker Agreement (the "Prime Execution Agent Agreement") to reflect certain operational updates to the Prime Execution Agent Agreement, including most significantly to (a) impose a shorter withdrawal processing time on Coinbase Custody Trust Company, LLC for withdrawals from the Vault Balance (as defined in the Prime Execution Agent Agreement) to a public blockchain address while Trade Credits (as defined in the Prime Execution Agent Agreement) remain unpaid and (b) specify that, while Trade Credits remain unpaid, the Trust may withdraw ether from either the Vault Balance (as defined in the Prime Execution Agent Agreement) or the Trading Balance to public blockchain addresses provided that an amount equivalent to the unpaid Trade Credit is kept in the aggregate of the Trading Balance and the Vault Balance following such withdrawal. The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, which has been filed with this Current Report on Form 8-K as Exhibit 10.1.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Amendment to the Third Amended and Restated Coinbase Prime Broker Agreement, dated as of September 16, 2024, by and between BlackRock Fund Advisors, in its capacity as agent to iShares Ethereum Trust ETF and Coinbase Inc., on behalf of itself and as agent for Coinbase Credit, Inc. and Coinbase Custody Trust Company, LLC 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. Date: September 19, 2024 iShares Ethereum Trust ETF* By: iShares Delaware Trust Sponsor LLC By: /s/ Shannon Ghia Name: Shannon Ghia Title: Director, President and Chief Executive Officer * The registrant is a trust. The individual specified above is signing in her capacity as an officer and/or authorized signatory of iShares Delaware Trust Sponsor LLC, the sponsor of the Trust.