May 20, 2024
Nasdaq Crypto Index Family - Reconstitution Announcement
The Calculation Agent announces that the reconstitution of the Nasdaq Crypto Index Family will take place on June 3rd, 2024.
Nasdaq Crypto Index
The Calculation Agent announces that 5 constituents will be added to the Nasdaq Crypto Index (NCI) and 2 constituents will be removed when the index is reconstituted on June 3rd, 2024.
Constituents added:
- Cardano (ADA)
- Avalanche (AVAX)
- Solana (SOL)
- XRP (XRP)
- Polygon (MATIC)
Constituents removed:
- Arbitrum (ARB)
- Stellar (XLM)
Nasdaq Crypto Index Europe
The Calculation Agent announces that one constituent will be added and one constituent will be removed from the Nasdaq Crypto Index Europe (NCIE) when the index is reconstituted on June 3rd, 2024.
Constituent added:
- Chainlink (LINK)
Constituent removed:
- Bitcoin Cash (BCH)
In accordance with their respective methodologies, the constituents of each index on June 3rd, 2024, will be as published in the document that can be downloaded from this link.
To view details and live prices of the Nasdaq Crypto Index click here.
To view details and live prices of the Nasdaq Crypto Index Europe click here.
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.
Meet the Large Cap Index DTF
The Large Cap Index DTF ($LCAP) is the first fully collateralized, token tracking the CF Large Cap (Diversified Weight) – US Index.
CF Benchmarks
Revisiting the Bitcoin Basis: How Momentum & Sentiment Impact the Structural Drivers of Basis Activity
Bitcoin’s futures basis reflects shifts in price momentum and market sentiment. Shared benchmarks between spot ETFs and CME futures contracts have enabled efficient arbitrage and driven increased institutional participation.
Mark Pilipczuk
Momentum Outperforms Following New Highs
Key takeaways: Rotation Toward Risk Dominates Factor Returns Q3 2025 extended the digital asset market’s rebound. The CF Broad Cap Index advanced 16.1%, driven by renewed momentum in large-cap assets. Momentum led factor returns (+1.9%), highlighting the continued strength of trend-following strategies amid mixed market signals. In contrast, Size (–7.3%) and Growth (–4.7%) declined as smaller-cap and high-expansion tokens lagged. Value (–2.1%) and Liquidity (–0.6%) also softened, while Downs
Mark Pilipczuk