AI brief of an SEC Form 8-K · abrdn Platinum ETF Trust (PPLT)

abrdn Platinum ETF Trust ends JPMorgan custody; ICBC Standard Bank now holds all platinum

Neutral Impact 2 of 5 product/contract Written later

Effective August 8, 2024, JPMorgan Chase Bank N.A. stopped serving as custodian of the trust's platinum after all platinum was transferred to accounts held with ICBC Standard Bank Plc. The filing says custody of all the trust's platinum is now with the new custodian, and that no cost or expense was or will be incurred by the trust or shareholders for the change.

Key points

  • Termination of JPMorgan Chase Bank N.A. custody agreements effective August 8, 2024
  • All platinum moved to allocated and unallocated accounts with ICBC Standard Bank Plc on August 8, 2024
  • No cost or expense was or will be incurred by the trust or holders of the abrdn Physical Platinum Shares ETF

The filing

Companyabrdn Platinum ETF Trust (PPLT)
Form8-K, current report
Filed with the SECAug 14, 2024, 4:16 PM ET
Accession number0001999371-24-010156

Items reported: 1.02 Termination of Material Agreement

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 14, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.