CF Benchmarks
CF benchmarks logo

Mar 25, 2024

Announcement of a Consultation on changes to the CF Digital Asset Classification Structure (CF DACS) Methodology

The Administrator announces that it is launching a consultation on proposed changes to the CF Digital Asset Classification Structure (CF DACS) Methodology. The Administrator proposes changes relating only to the sections of the methodology stated below:

  • Section 3.2 – CF Digital Asset Classification Structure
  • Section 3.2.1 – Definitions
  • Section 3.2.2 – CF DACS Definitions

A table outlining proposed changes follows.

Summary of proposed changes to CF DACS Methodology

Rationale

The latest review of the CF Investible Universe as well as the evolution of Digital Asset definitions resulted in changes to the CF DACS classification structure, and definitions, specifically, a new segment needs to be introduced, and existing definitions need to be updated.

Implementation Timeline

The Administrator proposes to implement the proposed changes to the CF Digital Asset Classification Structure Methodology at 1100 London time on April 9th, 2024. This means all products will utilise CF DACS' new structure and definitions from that date onwards.

Consultation Process

The consultation will begin on March 25th, 2024, and will end on April 8th, 2024, at 1600 London Time. All responses will be treated confidentially in accordance with the Administrator's policies and procedures, and will be overseen by the CF Oversight Function in accordance with the UK Benchmarks Regulation (UK BMR).

Any questions or queries should be directed to  [email protected]

Any complaints regarding this process can be filed confidentially at [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.


CF Benchmarks Quarterly Attribution Reports - March 2026

Thoroughly dissect and comprehend the performance of our flagship portfolio indices at the constituent, category, sub-category, and segment levels during the course of each portfolio rebalance period.

Gabriel Selby
Gabriel Selby

Gabriel Selby

7 mins read
Weekly Index Highlights, March 9, 2026

Geopolitical strains kept digital assets on the defensive in the past week, with Bitcoin down 2.1% and Cardano -12.0%. Realized BTC volatility and our BVXS implied vol. index both inched higher, by 5.8 and 1.7 points, but Culture tokens in our CF DACS taxonomy were worst hit on average, at -8.7%.

CF Benchmarks
CF Benchmarks

CF Benchmarks

7 mins read
Factor Friday - March 6, 2026

The market posted its strongest weekly gain of 2026 at +4.3%, trimming YTD losses to -28.0%. Value emerged as the top factor at +1.7% weekly, turning positive YTD. Downside beta posted its first negative week of the year, signaling a potential early shift towards risk.

Mark Pilipczuk
Mark Pilipczuk

Mark Pilipczuk

9 mins read