That's just one of the burning questions we were fortunate enough to ask ETF Analyst James Seyffart, CFA, CAIA, one half of the Bloomberg Intelligence ETF team.
With advisor and platform due diligence still taking place, and major asset allocators still moving the funds through multiple permission tiers – even after some approved their distribution – it could still be months before a clear picture emerges, says James.
Meanwhile, BlackRock's iShares Bitcoin Trust (IBIT) and other 'CFB Six' ETFs using our CME CF BRRNY index for NAV calculation, continue to break records, with IBIT AuM recently hitting $10 billion, the fastest ETF to achieve this milestone.
Listen in for more exclusive insights from one of the best-known experts in the space:
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.
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Crypto markets are entering a transformative phase in 2026, where regulatory clarity and monetary easing outweigh macro uncertainty. We expect a dovish Fed pivot counter to consensus, fostering lower real yields. Meanwhile, the CLARITY Act and broader adoption should drive our secular themes.

Gabriel Selby
Crypto's year-end tape remained selective last week, with BTC up 0.9%, while other high-beta majors slipped. The Infrastructure Sub-Category was a major loser in our CF DACS taxonomy, -10.4%, while implied volatility firmed as realized cooled; and our USDT funding rate measure reset above 10%.

CF Benchmarks
The Administrator announces the addition of Hedera, Bittensor and Aptos Reference Rates and Real-Time indices to the CME CF Cryptocurrency Pricing Products Family.

CF Benchmarks