CF Benchmarks

Spot #EtherETFs are finally here! 🥂 Just like for Bitcoin ETFs though, the path to approval has been full of suspense and drama. Whether it was SEC chair Gary Gensler's stated view that Ether is a security; the controversy over staking (note: no spot ETH ETF includes staking) or regulatory action against non-ETF platforms ... the process often felt like it was one plot twist away from complete shut down. With four CF Benchmarks clients listing today - supported by the regulated ETHUSD_NY index - once again, we've had a ringside seat. To find out what we learned, join CF Benchmarks CEO Sui Chung, Head of Content Ken O., and Head of Research Gabe Selby, CFA, for an extra special episode of the CFB Talks Digital Assets podcast. ▪︎ Hear how the SEC abruptly dropped opposition to ETH ETFs - weeks after receiving our analyses ▪︎ The SEC also cited CF Benchmarks by name in its approval order - but did we really change the regulator's mind? ▪︎ How filings changed over time to meet SEC expectations; offering clues on the crypto ETF approval criteria ▪︎ Get Gabe's data-driven analysis of why ETH ETF inflow forecasts might be undercooked For our take on all these points and way more, click below to watch or listen on your favourite platform: YouTube: https://lnkd.in/eafNiwsZ Spotify: https://lnkd.in/eYeykREg Apple Podcasts: https://lnkd.in/e2NzRT_a Vimeo: https://lnkd.in/e_vBvXTt #investing #ETFs #digitalassets #investmentmanagement

We are delighted to celebrate another major milestone for the #digitalasset class. Today, Franklin Templeton has launched its Spot Ether ETP (Franklin Ethereum ETF) under the ticker EZET. A massive congratulations to the entire team at Franklin Templeton, from all of us at CF Benchmarks. Just like Franklin Templeton’s Spot Bitcoin ETP which launched in January, this new investment vehicle will determine NAV with a regulated price benchmark from CF Benchmarks, in this case the CME CF Ether-Dollar Reference Rate - New York Variant (ETHUSD_NY). Our CEO, Sui Chung said, “We are immensely proud that in approving the spot Ether ETPs, the SEC cited CF Benchmarks’ data in their comment letter. This acknowledgement validates our rigorous empirical approach to constructing benchmark pricing that ensures reliability, accuracy and integrity.” Explore our crypto ETP resources https://lnkd.in/eYu-UgMW #crypto #ether #etfs #etheretf #ethereumetf

We are delighted to celebrate another major milestone for the #digitalasset class. Today, 21Shares has launched its Spot Ether ETP (21Shares Core Ethereum ETF) under the ticker CETH. A massive congratulations to the entire team at 21Shares, from all of us at CF Benchmarks. Just like their Spot Bitcoin ETP which launched in January, this new investment vehicle will determine NAV with a regulated price benchmark from CF Benchmarks, in this case the CME CF Ether-Dollar Reference Rate - New York Variant (ETHUSD_NY). Our CEO, Sui Chung said, “We are immensely proud that in approving the spot Ether ETPs, the SEC cited CF Benchmarks’ data in their comment letter. This acknowledgement validates our rigorous empirical approach to constructing benchmark pricing that ensures reliability, accuracy and integrity.” Explore our crypto ETP resources https://lnkd.in/eYu-UgMW #crypto #ether #etfs #etheretf #ethereumetf

We are delighted to celebrate another major milestone for the #digitalasset class. Today, Bitwise Asset Management has launched its Spot Ether ETP (Bitwise Ethereum ETF) under the ticker ETHW. A massive congratulations to the entire team at Bitwise, from all of us at CF Benchmarks. Just like Bitwise’s Spot Bitcoin ETP which launched in January, this new investment vehicle will determine NAV with a regulated price benchmark from CF Benchmarks, in this case the CME CF Ether-Dollar Reference Rate - New York Variant (ETHUSD_NY). Our CEO, Sui Chung said, “We are immensely proud that in approving the spot Ether ETPs, the SEC cited CF Benchmarks’ data in their comment letter. This acknowledgement validates our rigorous empirical approach to constructing benchmark pricing that ensures reliability, accuracy and integrity.” Explore our crypto ETP resources https://lnkd.in/eYu-UgMW #crypto #ether #etfs #etheretfs #ethereumetfs

We are delighted to celebrate another major milestone for the #digitalasset class. Today, BlackRock has launched its Spot Ether ETP (iShares Ethereum Trust ETF) on Nasdaq under the ticker ETHA. A massive congratulations to the entire team at BlackRock, from all of us at CF Benchmarks. Just like BlackRock’s Spot Bitcoin ETP which launched in January, this new investment vehicle will determine NAV with a regulated price benchmark from CF Benchmarks, in this case the CME CF Ether-Dollar Reference Rate - New York Variant (ETHUSD_NY). Our CEO, Sui Chung said, “We are immensely proud that in approving the spot Ether ETPs, the SEC cited CF Benchmarks’ data in their comment letter. This acknowledgement validates our rigorous empirical approach to constructing benchmark pricing that ensures reliability, accuracy and integrity.” Explore our crypto ETP resources https://lnkd.in/eYu-UgMW #crypto #ether #etfs #etheretfs #ethereumetfs

We’re Hiring: Marketing Executive Are you a super talented B2B marketer looking to take your career to the next level? If so, we’d love to hear from you! CF Benchmarks are the market leading regulated cryptocurrency index provider and we are on an exciting growth journey. If you have hands-on experience of building campaigns in HubSpot or other similar marketing automation platforms, as well as excellent multi-channel lead generation experience, then please click the link below to find out more. https://lnkd.in/drnSY752 #hiring #marketingjobs #digitalmarketing

Alex Butler and Xin Wang are heading to The Bitcoin Conference in Nashville next week! Please reach out if you would like to chat about how our fully market tested reference rates and indices power regulated financial products from leading firms, including CME Group (exchange traded derivatives), ETFs from BlackRock, Franklin Templeton, Bitwise Asset Management, Evolve ETFs (Canada), China Asset Management (Hong Kong) and WisdomTree in Europe, and OTC derivatives from Cumberland DRW and Galaxy. Arrange a meeting: https://lnkd.in/etyfkd8X #digitalassets #Bitcoin #Ether #ETF

Friday last week marked another milestone for the #digitalasset sector in Australia as fund manager, DigitalX Limited (ASX:DCC), launched the DigitalX spot Bitcoin ETF (ticker: BTXX) on the Australian Securities Exchange (ASX). #ETFs provide investors with a regulated and secure way to gain exposure to #Bitcoin without needing to navigate the complex #crypto ecosystem. Following the bell ringing, our CEO, Sui Chung said, “Congratulations to the DigitalX team from all of us at CF Benchmarks. We are honored that our regulated CME CF Bitcoin Reference Rate (BRR) has been chosen as the price index to determine NAV for this pioneering investment vehicle. This launch underscores the growing credibility of the digital asset landscape and will help accelerate crypto adoption across the Asia Pacific region."

In the latest CF Benchmarks Newsletter, the spotlight is on #Ether #ETF delays... Plus, we summarise two critical insights from CF Benchmarks' research team! ▪︎ The crypto world is waiting on tenterhooks (again) as 'last-minute' hitches before Ether ETF approval are resolved. Our 'main case' is still that resolution will happen - and relatively soon. But we outline some key reasons why the wait is longer than expected. ▪︎ Meanwhile, when approval happens, will you, and your clients actually be ready? #Ethereum is more complex than Bitcoin, and may present a steeper learning curve. Don't worry though. Gabe Selby, CFA and Mark Pilipczuk at CF Benchmarks Research have your back, with a primer covering everything you need to know about the Ether investment case. ▪︎ Plus, if you're reading this, there's a good chance you already understand basis trades. However, access to the Bitcoin Basis only just opened up more widely with the launch of spot Bitcoin ETFs. You'll likely need an overview. Click below to begin - or expand your - education in the newest ETF product class, and for a lot more! https://lnkd.in/eYF73Kaz #digitalassets #investmentmanagement #investing

With #Bitcoin’s realised volatility still regularly touching 50%, this year's multibillion dollar launch of US spot #BitcoinETFs underlines institutions’ need for more efficient ways to manage that risk. This makes our new CF Bitcoin Volatility Index (BVXS) -- the only direct measure of CME Group BTC implied volatility -- a timely addition to our roster of regulated benchmarks. But how does BVXS work, exactly? Our Head of Product, Thomas Erdösi joined Ken O. and Gabe Selby, CFA, on the CFB Talks Digital Assets #podcast, for a step by step guide -- on the index, and crypto volatility in general. Just a few of many highlights: ▪︎ What CBOE VIX’s history tells us about how institutions may deploy BVXS ▪︎ A peek at the only true CME Bitcoin Volatility Surface you’ll encounter in the wild... ▪︎ Use cases: from streamlined and granular tail-risk hedging, to pure sentiment gauges, #ETPs and more ▪︎ Why BVXS is a major inflection point — for the CME CF Bitcoin Liquidity Complex, and institutional BTC participation overall Click below to catch this episode on your favourite platform! YouTube: https://lnkd.in/ej6r-PqC Spotify: https://lnkd.in/evnRC9Km Apple Podcasts: https://lnkd.in/eGHpAXEW Vimeo: https://lnkd.in/e958BbxD