The Administrator announces the addition of Bullish Exchange as a CME CF Constituent Exchange for CME CF Ether-Dollar Indices from July 14th, 2025.
From approximately 06:00 London Time on July 14th, 2025, transaction data from Bullish Exchange will be included as input data in the calculation of the CME CF Ether-Dollar Reference Rates listed below:
Bullish Exchange input data will also be included in the calculation of the CME CF Ether-Dollar Real Time Index (ETHUSD_RTI).
In accordance with the Administrator's policies, the process for the approval of a new CME CF Constituent Exchange for CME CF Ether-Dollar Indices was overseen by the CME CF Cryptocurrency Pricing Products Oversight Committee.
Questions or queries regarding this process should be directed to [email protected].
Any complaints regarding this process may be submitted confidentially by writing to [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.
Digital assets traded mixed over the past week, with AVAX +1.5%, SOL +1.3%, and XRP -2.1%. Meanwhile, BVXS implied vol. fell to 37.31 as realized vol. compressed faster to 21.92. The CF Broad Cap Index (Free Float Market Cap Weight) eased 0.24%, leaving it 17.3% lower YTD.

CF Benchmarks
The market pulled back hard at -5.65%, the worst weekly drop of 2026. Growth and Value were the only positive factors, with fundamentals leading during the drawdown. Downside Beta fell, deviating from its pattern of resilience in earlier drawdowns.

Mark Pilipczuk
The Administrator can now confirm it will implement all proposed changes to the CME CF Bitcoin Volatility Index - Real Time methodology.

CF Benchmarks
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