{"filing":{"accession_number":"0001213900-26-093987","cik":"0002028835","ticker":"TOXR","company_name":"21Shares XRP ETF","form":"8-K","filing_date":"2026-08-26","report_date":"2026-08-20","primary_document":"ea0303138-8k_21shares.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/2028835/000121390026093987/ea0303138-8k_21shares.htm"},"events":[{"id":29777,"run_id":27275,"accession_number":"0001213900-26-093987","anchor_item_number":"1.01","event_type":"operational_other","event_domain":"operational","is_material":true,"confidence":0.75,"summary":"21Shares XRP ETF entered into a Benchmark Licensing Agreement with FTSE to replace the terminated CME CF XRP-Dollar Reference Rate as the pricing benchmark for the Trust's NAV calculation, effective August 27, 2026, and amended its Sponsor Agreement to change sponsor fee payment timing from weekly to quarterly in arrears. These changes are material to investors as they affect NAV calculation methodology and fee payment terms.","company_name":"21Shares XRP ETF","ticker":"TOXR","filing_date":"2026-08-26","form":"8-K","submitted_at":null,"items":[{"id":32160,"accession_number":"0001213900-26-093987","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"operational_other","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"The filing discloses entry into two material definitive agreements: (1) a Benchmark Licensing Agreement with FTSE to replace the terminated CME CF XRP-Dollar Reference Rate as the pricing benchmark for the Trust's NAV calculation, effective August 27, 2026, and (2) Amendment No. 1 to the Sponsor Agreement changing sponsor fee payment timing from weekly to quarterly in arrears. While Item 1.01 typically signals M\u0026A or major operational transactions, this disclosure centers on a critical operational change—switching the index used to value the ETF's shares—rather than a merger, acquisition, or disposition. The change is material to investors as it affects how the Trust's NAV is calculated going forward, but it is fundamentally an operational/administrative matter involving a service provider agreement rather than a change of control or acquisition.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-26T20:22:15.198854+00:00","company_name":"","ticker":null,"filing_date":""},{"id":32161,"accession_number":"0001213900-26-093987","item_number":"5.03","item_title":"Amendments to Articles of Incorporation or Bylaws;","event_type":"governance_other","event_domain":"governance","is_material":false,"confidence":0.85,"reasoning":"This disclosure describes amendments to the Trust Agreement governing the 21Shares XRP ETF, including a change in the underlying index methodology and sponsor fee payment timing. The filing explicitly states that these changes are \"ministerial, technical, conforming and clarifying revisions, none of which materially impact the rights of the Trust or holders of Shares,\" indicating routine administrative governance modifications rather than material substantive changes to the fund's operations or investor rights.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-26T20:22:15.198854+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":32160,"accession_number":"0001213900-26-093987","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"operational_other","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"The filing discloses entry into two material definitive agreements: (1) a Benchmark Licensing Agreement with FTSE to replace the terminated CME CF XRP-Dollar Reference Rate as the pricing benchmark for the Trust's NAV calculation, effective August 27, 2026, and (2) Amendment No. 1 to the Sponsor Agreement changing sponsor fee payment timing from weekly to quarterly in arrears. While Item 1.01 typically signals M\u0026A or major operational transactions, this disclosure centers on a critical operational change—switching the index used to value the ETF's shares—rather than a merger, acquisition, or disposition. The change is material to investors as it affects how the Trust's NAV is calculated going forward, but it is fundamentally an operational/administrative matter involving a service provider agreement rather than a change of control or acquisition.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-26T20:22:15.198854+00:00","company_name":"21Shares XRP ETF","ticker":"TOXR","filing_date":"2026-08-26"},{"id":32161,"accession_number":"0001213900-26-093987","item_number":"5.03","item_title":"Amendments to Articles of Incorporation or Bylaws;","event_type":"governance_other","event_domain":"governance","is_material":false,"confidence":0.85,"reasoning":"This disclosure describes amendments to the Trust Agreement governing the 21Shares XRP ETF, including a change in the underlying index methodology and sponsor fee payment timing. The filing explicitly states that these changes are \"ministerial, technical, conforming and clarifying revisions, none of which materially impact the rights of the Trust or holders of Shares,\" indicating routine administrative governance modifications rather than material substantive changes to the fund's operations or investor rights.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-26T20:22:15.198854+00:00","company_name":"21Shares XRP ETF","ticker":"TOXR","filing_date":"2026-08-26"}]}
