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21Shares Dogecoin ETF to adopt FTSE Dogecoin index

21Shares Dogecoin ETF (TDOG) reports several structural updates tied to its valuation benchmark and sponsor arrangements.

(Neutral)
(Neutral)
Form Type
424B3

Rhea-AI Filing Summary

21Shares Dogecoin ETF (TDOG) reports several structural updates tied to its valuation benchmark and sponsor arrangements. 21Shares US LLC, the Sponsor, entered into a Benchmark Licensing Agreement with FTSE International Limited, under which the Trust will use the FTSE Dogecoin Index to value its shares and calculate net asset value beginning August 27, 2026, replacing the CF Dogecoin-Dollar US Settlement Price Index whose prior license terminates effective August 31, 2026. The FTSE license has an initial term of one year and renews automatically for one-year periods unless terminated.

The Trust also executed Amendment No. 1 to the Sponsor Agreement to change the timing of the Sponsor Fee payment from weekly in arrears to at least quarterly in arrears, payable in Dogecoin. In addition, the Sponsor and Wilmington Trust, N.A. entered into a Third Amended and Restated Trust Agreement to reflect the new benchmark, the revised fee timing, and other ministerial and technical revisions, which are stated not to materially impact the rights of the Trust or holders of shares.

Positive

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Negative

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Date of Benchmark Licensing Agreement August 20, 2026 Date Sponsor entered into Benchmark Licensing Agreement with FTSE
Effective date of new Pricing Benchmark August 27, 2026 Date the Trust will begin valuing shares using the FTSE Dogecoin Index
Termination date of prior benchmark license August 31, 2026 Effective termination of CF Benchmarks licensing agreement
Initial term of Benchmark Licensing Agreement one year Initial term of FTSE Dogecoin Index license before automatic renewals
Sponsor Fee timing at least quarterly in arrears Revised payment schedule for Sponsor Fee, payable in Dogecoin
Benchmark Licensing Agreement financial
"entered into a licensing agreement (the “Benchmark Licensing Agreement”)"
FTSE Dogecoin Index financial
"use the FTSE Dogecoin Index (the “Pricing Benchmark”)"
Pricing Benchmark financial
"use the FTSE Dogecoin Index (the “Pricing Benchmark”)"
Sponsor Fee financial
"payment of the sponsor fee the Sponsor receives from the Trust"
Third Amended and Restated Trust Agreement regulatory
"entered into a Third Amended and Restated Trust Agreement"

FAQ

What benchmark index will 21Shares Dogecoin ETF (TDOG) use going forward?

21Shares Dogecoin ETF will use the FTSE Dogecoin Index as its Pricing Benchmark to value its shares and calculate net asset value, beginning on August 27, 2026, replacing the CF Dogecoin-Dollar US Settlement Price Index after the prior license terminates.

When does the new FTSE benchmark arrangement for TDOG become effective?

The Trust will begin valuing its shares and calculating net asset value by reference to the FTSE Dogecoin Index on August 27, 2026. The previous CF Benchmarks licensing agreement is disclosed as terminating effective August 31, 2026.

How did TDOG change the timing of its Sponsor Fee payments?

The Trust amended the Sponsor Agreement so that the Sponsor Fee is paid at least quarterly in arrears instead of weekly in arrears. The fee remains payable in Dogecoin as compensation to the Sponsor for services rendered to the Trust.

What is the term of the new FTSE Benchmark Licensing Agreement for TDOG?

The FTSE Benchmark Licensing Agreement has an initial term of one year and will automatically renew for successive one-year periods, unless terminated pursuant to its terms, providing ongoing rights to use the FTSE Dogecoin Index for the Trust.

Does the new Trust Agreement for TDOG affect shareholder rights?

The Third Amended and Restated Trust Agreement is described as making ministerial, technical, conforming and clarifying revisions, and the Trust states that none of these changes materially impact the rights of the Trust or holders of shares.

Who is the new benchmark provider for 21Shares Dogecoin ETF (TDOG)?

The new benchmark provider is FTSE International Limited, which will supply the FTSE Dogecoin Index under a non-exclusive, non-transferable, non-sub-licensable worldwide license. FTSE is incorporated in England, headquartered in London, and is unaffiliated with the Sponsor.

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Learn about SEC filing dates

Filed pursuant to Rule 424(b)(3)

Registration No. 333-286456

 

21SHARES DOGECOIN ETF

SUPPLEMENT NO. 6 DATED AUGUST 26, 2026

TO THE PROSPECTUS DATED JANUARY 9, 2026

 

This prospectus supplement (this “Supplement”) is part of and should be read in conjunction with the prospectus of 21Shares Dogecoin ETF (the “Trust”), dated January 9, 2026 (the “Prospectus”). Unless otherwise defined herein, capitalized terms used in this Supplement shall have the same meanings as in the Prospectus.

 

The purpose of this Supplement is to include the Trust’s Current Report on Form 8-K filed on August 26, 2026.

 

Current Report on Form 8-K

 

On August 26, 2026, the Trust filed its Current Report on Form 8-K (the “Report”) with the Securities and Exchange Commission. The Report (without exhibits) is attached to this Supplement.

 

 

 

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): August 20, 2026

 

21SHARES DOGECOIN ETF

(Exact name of registrant as specified in its charter)

 

Maryland   001-43049   33-7038007
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

158 W. 27th Street    
New York, New York   10001
(Address of principal executive offices)   (zip code)

 

Registrant’s telephone number, including area code: (646) 370-6016

 

 

(Former Name or Former Address, if Changed Since Last Report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Shares of Beneficial Interest of 21Shares Dogecoin ETF   TDOG   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

 

Emerging growth company ☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 1.01 Entry into a Material Definitive Agreement.

 

Benchmark Licensing Agreement

 

On August 20, 2026, 21Shares US LLC (the “Sponsor”) entered into a licensing agreement (the “Benchmark Licensing Agreement”) with FTSE International Limited (“FTSE” or the “Benchmark Provider”). Entry into the Benchmark Licensing Agreement follows the Sponsor’s notice, provided on June 30, 2026 and previously disclosed, of the termination, effective August 31, 2026, of the Sponsor’s licensing agreement with CF Benchmarks Ltd. relating to the use of the CF Dogecoin-Dollar US Settlement Price Index. Pursuant to the Benchmark Licensing Agreement, FTSE will provide each of the Sponsor, 21Shares Dogecoin ETF (the “Trust”), and their affiliates a non-exclusive, non-transferable, non-sub-licensable, worldwide license to access, view and use the FTSE Dogecoin Index (the “Pricing Benchmark”) to develop, create, calculate, settle, maintain or support and market the Trust. Beginning August 27, 2026, the Trust will value its shares of beneficial interest (“Shares”) and calculate its net asset value by reference to the Pricing Benchmark in place of the CF Dogecoin-Dollar US Settlement Price Index. Such license is expected to have a one-year initial term and will automatically be renewed for successive one-year periods, unless terminated pursuant to its terms.

 

FTSE is a company incorporated and registered in England, and its principal offices are located at 10 Paternoster Square, London, EC4M 7LS, United Kingdom. FTSE is experienced in calculating and administering digital asset indices. FTSE is unaffiliated with the Sponsor.

 

Amendment No. 1 to the Sponsor Agreement

 

On August 26, 2026, the Trust entered into Amendment No. 1 to the Sponsor Agreement, by and between the Trust and the Sponsor (“Amendment No. 1 to the Sponsor Agreement”), to change the timing of payment of the sponsor fee the Sponsor receives from the Trust as compensation for the Sponsor’s services rendered to the Trust (the “Sponsor Fee”) from weekly in arrears to at least quarterly in arrears, in each case payable in Dogecoin.

 

The foregoing descriptions of the Benchmark Licensing Agreement and Amendment No. 1 to the Sponsor Agreement are summaries, do not purport to be complete, and are qualified in their entirety by reference to the full text of the Benchmark Licensing Agreement and Amendment No. 1 to the Sponsor Agreement, copies of which are filed as Exhibits 10.1 and 10.2 hereto, respectively, and are incorporated by reference herein.

 

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

 

On August 26, 2026, the Sponsor and Wilmington Trust, N.A., the Trustee of the Trust, entered into a Third Amended and Restated Trust Agreement (the “Trust Agreement”). The Trust Agreement made changes to the Second Amended and Restated Trust Agreement to reflect (i) the Trust’s use of the FTSE Dogecoin Index in place of the CF Dogecoin-Dollar US Settlement Price Index, (ii) the change in timing of payment of the Sponsor Fee and (iii) various other ministerial, technical, conforming and clarifying revisions, none of which materially impact the rights of the Trust or holders of Shares. A copy of the Trust Agreement is filed as Exhibit 3.1 hereto.

 

Item 9.01 Financial Statements and Exhibits.

 

3.1   Third Amended and Restated Trust Agreement, dated as of August 26, 2026.
10.1†   Benchmark Licensing Agreement, dated as of August 20, 2026, between the Sponsor and FTSE.
10.2   Amendment No. 1 to the Sponsor Agreement, dated as of August 26, 2026, between the Trust and the Sponsor.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

Certain portions of this exhibit have been omitted in accordance with Item 601(b)(10)(iv) of Regulation S-K because the omitted information is (i) not material and (ii) the registrant customarily and actually treats that information as private or confidential. The registrant agrees to furnish supplementally an unredacted copy of the exhibit to the Securities and Exchange Commission upon its request.

 

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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: August 26, 2026 21SHARES DOGECOIN ETF
   
  21Shares US LLC, as Sponsor of 21Shares Dogecoin ETF
   
  By: /s/ Duncan Moir
  Name: Duncan Moir
  Title: President

 

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