The Administrator announces that an Extraordinary Rebalance of the benchmarks below will take place on March 10th, 2025. This Extraordinary Rebalance will be conducted in accordance with the respective index methodologies and the CF Digital Asset Index Family - Multi Asset Ground Rules.
CF Large Cap (Diversified Weight) Indices
CF Large Cap (Diversified Weight) - London - Settlement Price
CF Large Cap (Diversified Weight) - US - Settlement Price
CF Large Cap (Diversified Weight) - Brazil - Settlement Price
CF Large Cap (Diversified Weight) - London - Spot Rate
This Extraordinary Rebalance is due to a pricing error that led to incorrect rebalance weights announced on February 25th, 2025. The Extraordinary Rebalance that will take place on March 10th, 2025 will utilise constituent pricing data observed on the Extraordinary Rebalance date at the Rebalance Implementation Time of the respective index in accordance with the index methodology. In accordance with the CF Benchmarks Multi Asset Restatement Policy, historic index values prior to March 10th, 2025, will not be restated or republished.
Implementation Timeline
These changes will be implemented before 23:59:59 London Time on March 10th, 2025. The updated reconstitution weights will be reflected in the relevant Spot Rate before 17:00:00 London Time. Between 16:00:00 and 17:00:00 London Time, Spot Rate pricing for the above index will be unavailable on the CFB Website. All questions or queries regarding this consultation process should be directed to [email protected].
Should any user wish to file a complaint regarding this process, this can be done 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 advanced over the past week amid signs of caution. XRP rose 7.4%, outshining BTC's +5.8% and ETH's +5.5%. Volatility stabilized, with the BVXS implied vol. gauge +0.57 of a point and realized vol. +2.90. Key CF DACS averages rose, and CF BIRC funding rates were mostly steady.

CF Benchmarks
The Administrator can now confirm it will implement all proposed changes to the CME CF Bitcoin Volatility Index - Settlement methodology.

CF Benchmarks
The market rallied 4.7% on the week, extending April gains to 10.4%. Size leads non-market factors, up 2.4%. Growth and momentum remain the clear laggards, with growth now down 6.9% YTD.

Mark Pilipczuk
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