21SharesNew Age Alpha to Convert NAA Allocation Fund Into ETF
New Age Alpha plans to convert the NAA Allocation Fund from a mutual fund into the newly created NAA Allocation ETF, with the reorganization expected to close around December 4, 2026.
21shares has partnered with FTSE Russell to standardize benchmarks across its US, European and Australian crypto ETP lineups. Effective August 27, seven US ETFs will transition to FTSE digital asset indices: ARKB (Bitcoin), TETH (Ethereum), TSOL (Solana), TOXR (XRP), TSUI (Sui), TDOG (Dogecoin) and TDOT (Polkadot). The Hyperliquid ETF (THYP) already uses a FTSE index. European and Australian core products moved to FTSE benchmarks in March. The changes affect benchmark infrastructure only, with asset exposure, fees, custodians, legal structures and exchange listings remaining unchanged.
At a glance
- Beat
- Fund Updates
- Issuer
- 21Shares
- Region
- United States, Europe, Australia
- Filed
- 26 August 2026
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