The Administrator conducted a consultation with index users and market participants concerning proposed methodology changes to the CF Cryptocurrency Settlement Prices. between 1000 LDN May 24th and 1600 LDN June 4th.
There were no responses received to this consultation and nor were there any queries regarding any aspects of the proposed change.
The Administrator can now confirm it will implement the changes proposed
Implementation Date
The Administrator has been conducting extensive testing of the changes to Its systems and processes that will be required to support these changes. To ensure that testing is comprehensive, and the implementation of the methodology changes does not cause any market disruption the Administrator shall implement the methodology changes on July 30th 2021 at 1630 London time meaning that the calculation of the CF Cryptocurrency Settlement Prices for July 31st 2021 onwards will be calculated utilising the revised methodology.
The CF Oversight Function has provided oversight of this benchmark consultation process.
Any queries regarding these changes can be sent 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.
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
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
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