May 01, 2025
CFB Talks Digital Assets Episode 43: FalconX's David Lawant on the Tariff Aftermath, and What to Watch in The Next 100 Days
As markets contemplate what the next 100 days hold in store, we're stoked to have another dose of exclusive insights from FalconX's Head of Research, David Lawant, from his vantage point serving the biggest investors in the world.
A small sample of topics you really don't want to miss:
- Meet Bitcoin's decoupling from alts, with institutions playing a bigger role via ETF flows
- The crucial difference between Bitcoin's 'tariff crash' and historical routs: volumes were 25%-50% lower this time
- 'Goldification': how BTC's dollar-defensiveness and flattening implied volatility make it more and more of a safe haven
- A surprise split between Solana client personas: did you know crypto native institutions trade more SOL than ETH?
- 'Ethereum is Dead' vs. 'Ethereum's Just Getting Started' - a tactical bias in ETH trading post ETF options debut
- CFTC-regulated 'perps' are coming! How markets are sleeping on the implications
Get ready for whatever's next. Dive in now on your favorite platform!
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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.
Q1 2026 Reconstitution
We're pleased to share a short video overview of the Q1 2026 Reconstitution of our CF Capitalization Series — a suite of indices regulated under the UK Benchmark Regulation (BMR) — presented by our Head of Product, Thomas Erdösi.
CF Benchmarks
Weekly Index Highlights, March 23, 2026
Crypto’s retreat deepened into the end of last week, with Bitcoin -6.5% and ETH -9%. DeFi and Culture tokens were also particularly pressured. Just as concerning, APT's staking reward rate halved, realized BTC volatility overshot implied, and Bitcoin funding kinked sharply at the front end.
CF Benchmarks
Factor Friday - March 20, 2025
The market's strongest four-week rally of 2026 saw liquidity top weekly factor rankings for the first time, signaling broadening risk appetite beyond value and growth. Downside beta's lead is eroding fast. The rotation is encouraging, but with YTD losses at -28.4%, a full risk-on pivot is premature.
Mark Pilipczuk