It’s time for another episode of CFB Talks Digital Assets and this time we’re featuring our latest Quarterly Attribution Report (QAR)! This QAR is written, as usual, by Lead Research Analyst, Gabe Selby, CFA. In this episode, Ken and Gabe discuss the following topics:
- Could SEC-approved crypto ETFs spark mainstream adoption?
- CME futures interest is surging on ETF hopes. Are spot Bitcoin and Ether funds a watershed moment?
- Our crypto indices beat stocks again. Are Web 3.0 and DeFi leaving equities in the dust?
- Interest rate expectations shift for 2024. What's the outlook for crypto as inflation declines?
This is an instalment that you surely do not want to miss!
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.
The market posted its strongest week of 2026 at +7.1%. However, factor breadth was notably thin. Size was the only non-market factor to finish positive at +1.3%, while growth and value lagged, suggesting the rally was driven by directional flows rather than fundamentals.

Mark Pilipczuk
Head of Research Gabe Selby, CFA is joined by Kraken's Chief Economist Thomas Perfumo, CFA, CF Benchmarks Research Analyst, Mark Pilipczuk, and Senior Product Manager, Cristian Isac.

Ken Odeluga
The Administrator is launching a consultation on proposed changes to the CME CF Bitcoin Volatility Index - Settlement (BVXS) Methodology.

CF Benchmarks
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