21shares Ethereum Etf 8-K Filing
Ticker: TETH · Form: 8-K · Filed: Dec 18, 2025 · CIK: 1992508
Sentiment: neutral
Filing Stats: 1,454 words · 6 min read · ~5 pages · Grade level 14 · Accepted 2025-12-18 16:18:48
Filing Documents
- ea0270187-8k_21shares.htm (8-K) — 32KB
- ea027018701ex10-1_21shaeth.htm (EX-10.1) — 186KB
- ea027018701ex10-2_21shaeth.htm (EX-10.2) — 216KB
- 0001213900-25-123294.txt ( ) — 698KB
- teth-20251212.xsd (EX-101.SCH) — 3KB
- teth-20251212_lab.xml (EX-101.LAB) — 33KB
- teth-20251212_pre.xml (EX-101.PRE) — 22KB
- ea0270187-8k_21shares_htm.xml (XML) — 4KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. Custodial Services Agreement On December 12, 2025, 21Shares Ethereum ETF (the "Trust") entered into a new custodial services agreement (the "Custodial Services Agreement") with BitGo Trust Company, Inc., a South Dakota trust company ("BitGo"). Pursuant to the Custodial Services Agreement, BitGo will establish and maintain one or more segregated custody accounts, controlled and secured by BitGo, on its books for the receipt, safekeeping, and maintenance of the Trust's ether holdings. The Custodial Services Agreement requires the Trust to indemnify BitGo and certain of its affiliates and services providers in certain situations, including against certain losses arising or related to the Trust's use of the services, breach of the Custodial Services Agreement or violation of applicable law. The Custodial Services Agreement also requires BitGo to maintain reasonable insurance policies and coverage. The Custodial Services Agreement commenced on December 12, 2025, and will continue for one year, unless earlier terminated in accordance with its terms or if either party notifies the other of its intention not to renew at least 30 days prior to the expiration of the then-current term. After the initial term, the Custodial Services Agreement will automatically renew for successive one-year periods, unless either party notifies the other of its intention not to renew with prior notice. The sponsor of the Trust, 21Shares US LLC (the "Sponsor"), expects to utilize BitGo's services to custody a portion of the Trust's ether beginning on or about the date of the Custodial Services Agreement. The Trust's existing custody arrangements with Coinbase Custody Trust Company, LLC, Anchorage Digital Bank N.A. and BitGo New York Trust Company, LLC (each a "Custodian" and together, the "Custodians") are unaffected by the entry into the Custodial Services Agreement. The Sponsor anticipates utilizing the custodial services of each of t
01 Other Events
Item 8.01 Other Events. Beginning in 2026, Trust intends to pay cash distributions at least quarterly to Shareholders to distribute staking rewards earned by the Trust. This represents a change from the Trust's prior disclosure that it did not intend to pay distributions to Shareholders. The Trust is implementing this distribution policy in order to comply with Internal Revenue Service guidance regarding the distribution of staking rewards. The amount of any distribution, if any, will depend on the staking rewards actually earned by the Trust during each quarter and cannot be predicted with certainty. The amount of staking rewards earned will vary based on factors including, but not limited to, the amount of ether held by the Trust, the percentage of the Trust's ether that is staked, network staking participation rates, protocol reward rates on the Ethereum network, and network conditions. Accordingly, there can be no assurance as to the amount of distributions that will be paid in any quarter, and it is possible that no distributions will be paid in a given quarter if insufficient staking rewards are earned. The Trust will notify shareholders of the timing of any distributions via press release.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. 10.1 BitGo Custodial Services Agreement. 10.2 Form of Master Authorized Participant Agreement. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2
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. Dated: December 18, 2025 21SHARES ETHEREUM ETF 21Shares US LLC, as Sponsor of 21Shares Ethereum ETF By: /s/ Duncan Moir Name Duncan Moir Title: President 3