Apr 04, 2024
CFB Talks Digital Assets Episode 24: Crypto's Hidden Giants - FalconX's David Lawant on the Institutions Shaping the Market
For a lot of crypto participants, the spot Bitcoin ETF phenomenon is their first exposure to in-depth structures and procedures of traditional markets.
But in many ways, this just scratches the surface!
That's why we're super fortunate to have David Lawant, Head of Research at crypto's largest prime brokerage, FalconX, as our guest on the latest episode of CFB Talks Digital Assets.
FalconX offers a wide range of OTC derivatives, including Bitcoin and Ether options, settled by our regulated CME CF Bitcoin Reference Rate (BRR) and CME CF Ether-Dollar Reference Rate (ETHUSD_RR).
Listen or watch for exclusive insights from this usually hidden, but critically important corner of the digital asset market:
- What exactly does a crypto prime brokerage do?
- Typical ETF counterparty transactions
- David's probability estimate of spot ETH ETF approval
- Key market drivers and what will happen next
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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.
Announcement of Consultation on Changes to the CF ETH Staking Reward Rate Index Methodology
Under the proposed change, the Administrator will publicly disclose the average commission fee quoted by the four Providers, and the Index will be calculated net of the average fee, rather than using each Provider’s individual fee.
CF Benchmarks
Weekly Index Highlights, October 20, 2025
Renewed weakness across markets saw digital assets fall sharply again in the past week, with Bitcoin, −5.6% and Ether, −3.4 %, leading broad declines. Bitcoin implied and realized volatility were both firmly higher, while BTC and USDT funding curves compressed.
CF Benchmarks
CF Benchmarks Newsletter Issue 93
This isn’t quite a panicked set-up, yet; as the trend in this 30-day window looks quite literally orderly, for now.
Ken Odeluga