CF Benchmarks

Looking for a quick breakdown of how CFB’s key benchmark indices and reference rates performed last week? We've got it covered! Check out our latest Weekly Index Highlights to stay up-to-date on the most important market trends. Explore the insights and get a clear picture of what moved the markets during the period of September 30 to October 6, 2024. https://lnkd.in/ePG-59T2 #crypto #digitalassets #blockchain

Our research team just published their September Monthly Market Recap: "Federal Reserve Pivot DeFi(es) Historical Trends"! 📈 ■ Federal Reserve Policy Shift: The Fed implemented a 50 basis point rate cut, bringing the range to 4.75-5.00%. This pivot highlights their maximum employment mandate over price stability, leading to a significant rally in crypto assets and defying September's typically bearish trend. ■ Index Performance: The CF Digital Culture Index led the charge with a 21.63% increase, followed closely by the CF Smart Contract Platforms Index at 15.67%. Large-cap cryptocurrencies showed slower growth, with the CF Ultra Cap 5 Index and CF Free-Float Broad Cap Index rising 7.53% and 8.46%, respectively. ■ Notable Token Movements: Fantom (FTM) surged 67.6% following its rebrand to Sonic Labs, while ApeCoin (APE) gained 28.8%. On the downside, Maker (MKR) and Polygon (MATIC) experienced losses of 10.6% and 3.6%, respectively. ■ Fund Flows and Regional Trends: Bitcoin attracted $1.2 billion in inflows, while Ethereum saw $326 million in outflows. Regionally, North America dominated with $926 million in inflows, and Europe reached its 2024 high at $155 million. ■ Network Metrics: Ethereum experienced an 89% increase in total fees, reaching $97.4M. Conversely, Solana saw a 30% decrease in total fees to $29.9M. The CF Bitcoin Volatility Index (BVX) fluctuated between 51.43 and 61.39, reflecting market reactions to the Fed's decision. Click the link for the full report: https://lnkd.in/ez9TZEP4 #digitalassets #investmentmanagement #investing #bitcoin #ethereum #solana

Gain insights into the performance of key #crypto benchmark indices and reference rates with CFB's latest Weekly Index Highlights. Whether you're tracking trends or assessing market shifts, our breakdown offers a clear snapshot of last week's movements. Explore: https://lnkd.in/eKvfzmpz #DigitalAssets #blockchain #bitcoin #etherium

As we head into the fourth quarter, the macroeconomic landscape is shaping the future of #digitalassets. Cooling inflation and impending rate cuts are likely to be a tailwind for asset valuations and investor sentiment. In a note to The Block, Gabe Selby, CFA, CFB’s Lead Research Analyst said, “Amid macro shifts and institutional adoption, digital assets are poised for continued growth in Q4, as sovereign balance sheets face pressure, investors will seek long-term hedges like #Bitcoin.” Meanwhile, clarity from the U.S. regulators could foster confidence and drive capital inflows. Beyond the macro tailwinds, #Ethereum's Layer 2 scaling and asset tokenization are driving innovation, while DePINs are democratizing access to high-performance computing. Dive into our report to find out more https://lnkd.in/eiYpUtEN Read Selby’s note in The Block here https://lnkd.in/eWGQxaJ7 #crypto #blockchain

When one major CF Benchmarks client joins forces with another, unsurprisingly, we think it's a big deal! In fact though, Bitwise Asset Management's acquisition of ETC Group - now a part of Bitwise - has ramifications spanning the entire institutional digital asset space, with the combined firm now one of the largest of its kind operating in Europe. We delve into the key implications of the deal in the latest CF Benchmarks Newsletter. ▪︎ We've also got details of Monochrome's filing to list an Ether ETF on Cboe Asia-Pacific, hot on the heels of their Monochrome Bitcoin ETF (IBIT) launch on the same venue in June, supported by our CME CF BRR Asia Pacific index. ▪︎ Also in the newsletter, we're delighted to share an excerpt from BlackRock's new crypto investor education report - 'Bitcoin: A Unique Diversifier' - which offers a conceptual on-ramp for investors discovering, or getting more informed about the OG crypto. With iShares Bitcoin Trust ETF (IBIT) (underpinned by our CME CF BRRNY) recently becoming the largest spot Bitcoin ETF in terms of AuM, and with several other new US BTC funds growing significantly since launch, this is a timely report, amid heightened demand for fundamental info on the asset. Click below for the excerpt, and a link to the complete white paper; plus all the CFB Benchmarks-related news above, and a lot more. https://lnkd.in/evx5FTQG #ETFs #investmentmanagement #investing #digitalassets #bitcoin #ether

We’re excited to launch CFB's latest report, our Market Outlook for Q4 2024, from Gabe Selby, CFA and Mark Pilipczuk. As year-end approaches, #DigitalAssets are at a pivotal moment. With regulatory shifts on the horizon, breakthrough technologies, and #macroeconomic changes, the months ahead will shape the future of digital assets. From scaling solutions to asset #Tokenization , the potential for disruption is immense. Our report explores these critical themes and offers a roadmap for navigating this transformative period. Key highlights: ✳ #Bitcoin & #Ether #ETFs: Gaining traction as core portfolio components ✳ Macroeconomic Trends: Lower inflation and rate cuts may boost valuations and sentiment ✳ Regulatory Shifts: November's elections could reshape the regulatory landscape ✳ #Ethereum Layer 2 Impact: Scaling solutions are revolutionizing payments and #DeFi ✳ Asset Tokenization: Likely to experience accelerated growth as the financial sector's adoption continues Dive into our report to find out more: https://lnkd.in/eiYpUtEN

Discover our latest Weekly Index Highlights for a concise overview of #cryptocurrency market performance, powered by our industry-leading reference rates. Delve deeper into the insights: https://lnkd.in/gCC_AHs6 #crypto #digitalassets #bitcoin #ether #ethereum #solana

Great conversations had by all at TOKEN2049 in Singapore! Charlie Jolliffe, Thomas Erdösi, and James Flamant were delighted to meet so many fascinating people from across the #digitalasset sector. Missed the chance to chat with us and learn more about our regulated, fully market-tested #crypto indices? It’s not too late! Simply fill out this short form, and we’ll be in touch soon. https://lnkd.in/dTn_NPky Check out these short explainer videos to learn more about our APAC Bitcoin and Ether indices 📽 CME CF Bitcoin Reference Rate - Asia Pacific Variant: https://lnkd.in/dMB4rMvr 📽 CME CF Ether-Dollar Reference Rate - Asia Pacific Variant: https://lnkd.in/dUiVKHGU

Check out our latest Weekly Index Highlights for a quick summary of #crypto market performance based on our market-leading reference rates. Explore: https://lnkd.in/ecXS6RGz #digitalassets #bitcoin #ether #solana

With major institutions now transacting hundreds of millions of dollars' worth of spot crypto exposure each week, the latest CF Benchmarks Newsletter spotlights how more and more regulated digital asset derivatives are set to launch in coming weeks and months. ▪︎Meanwhile, CME Group's weekly #Bitcoin Friday futures (BFF) - powered by our CME CF BRRNY - are slated for September 30th. At 1/50th of a BTC, 'BFFs' will provide individual investors with easy access to the only CFTC-regulated Bitcoin futures marketplace for the first time. Find out why 'BFFs' could actually track the spot BTC price better than the larger contract... ▪︎And, with the SEC already ruminating over filings to list options on BlackRock's iShares Bitcoin Trust ETF (IBIT) and iShares Ethereum Trust ETF (ETHA), get our take on Nasdaq's application for Bitcoin options settling to BRRNY. ▪︎Elsewhere, one of our earliest clients, QR Asset Management just listed the world's first Solana ETF, with others waiting in the wings. ▪︎And by the way, this is the pace of crypto mainstreaming despite prices failing to catch a break from increasingly dovish monetary policy. Find out why and get caught up below! ⬇️ https://lnkd.in/eMYmkbcR