The Administrator announces portfolio composition changes to the CF Ultra Cap 5 Index in light of the November 2020 constituent review carried out in accordance with the CF Cryptocurrency Index Family - Multi Asset Ground Rules
The weights for each constituent will be determined at the Rebalance Determination Point - 1600 London time on Wednesday, November 25th and will be subsequently announced by the Administrator
Portfolio and weight changes will be come into effect at the Rebalance Implementation Point - 1600 New York time on Friday, November 27th.
Should any index users have any questions or queries please do not hesitate to contact the CF Benchmarks team - [email protected]
The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell any of the underlying instruments cited including but not limited to cryptoassets, financial instruments or any instruments that reference any index provided by CF Benchmarks Ltd. This communication is not intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. Please contact your financial adviser or professional before making an investment decision.
Note: Some of the underlying instruments cited within this material may be restricted to certain customer categories in certain jurisdictions.
Our market recap offers a concise overview of key blockchain categories and their recent price action within the broader market context, providing valuable insights for investors and industry practitioners.

Gabriel Selby
Large caps rebounded in a beta-led rally as Sectors like DeFi and Culture mean reverted. Staking rate changes wavered. Bitcoin implied volatility fell despite realized vol's rise; funding rates diverged: BTC (BIRC) steeper, USDT softer. In Factors: Downside Beta and Liquidity edged Growth and Value.

CF Benchmarks
The checklist for a durable low—lower implied volatility, term structure back to contango, skew nearer neutral—has been partially met, but not conclusively so, as yet.

Ken Odeluga