MARKET ANNOUNCEMENT OF CHANGES TO CUSTODIANS OF EXCHANGE TRADED PRODUCTS

21Shares announced changes to custodians across several London-listed crypto ETPs, including its Bitcoin, Ethereum, Bitcoin Core, Ethereum Core Staking, Strategy Yield, and Bitcoin Gold products. BitGo Europe GmbH is being added as a new custodian, while Copper Markets (Switzerland) AG and Coinbase Custody International Ltd. are being removed from the programme. The changes take effect from 8 July 2026 for the affected products. The update is operational rather than market-moving on its own, but it is relevant for investors because custody changes can affect product structure, counterparty arrangements, and perceived security of crypto ETPs. Overall sentiment is neutral, with the announcement suggesting a routine administrative adjustment rather than a change in the underlying outlook for Bitcoin or Ethereum exposure.