CF Benchmarks
CF benchmarks logo

Mar 03, 2020

Ether-Dollar Reference Rate posts 23.2% return in Feb'20 amidst record breaking volumes

  • Best monthly return for ETH-USD Reference Rate since May'19 and second best month on record
  • Aggregate volumes in Feb'20 (534,707 ETH, $130.5M) smash all previous records - Dec'18 (457,417 ETH) and May'18 ($79M)
  • Feb 15th 2020 saw all-time record dollar volume of $15.9M, topping the previous high of $11M set on Nov 21st 2019
  • Month high of $279.94 (Feb 19th) is highest since July 10th 2019
  • Volumes recorded surged 127.8% vs Jan'20

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.


Data Delays & Defensive Tilts

Our market recap offers a concise overview of key blockchain categories and their recent price action within the broader market context, providing valuable insights for investors and industry practitioners.

Gabriel Selby
Gabriel Selby

Gabriel Selby

4 mins read
CF Benchmarks Newsletter Issue 98

As the 2-year anniversary of the first US spot Bitcoin ETFs approaches, a huge wall of filings points to a surprising turn in 2026 • Research Primer: Bitcoin Capital Market Assumptions • Kraken lists LCAP Portfolio Perp

Ken Odeluga
Ken Odeluga

Ken Odeluga

9 mins read
What a Huge Wall of Filings Tells us about the Next Wave of US Crypto ETFs

A massive build-up of crypto ETF filings suggests issuers are pivoting away from the '33 Act framework towards more flexible '40 Act structures. We explain why.

Ken Odeluga
Ken Odeluga

Ken Odeluga

7 mins read