Policy Tailwinds Usher in New Highs as Fed Pauses
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
Weekly Index Highlights, February 3, 2025
Crypto saw broad declines in the past week, with SOL -9.88% and Avalanche -9.56% leading the losses. ETH staking yields fell to 2.75%, whilst volatility eased with BVXS down to 55.18. The CF BIRC & Cap Series saw sharp declines, reflecting risk-off sentiment & continued institutional repositioning.
CF Benchmarks
Expansion of CF Digital Asset Index Family to include new indices
The Administrator announces the addition of the following indices to the CF Digital Asset Index Family - Multi Asset - Classification Series.
CF Benchmarks
SAB 121 revoke begins Operation Unchoke
SAB 121 was widely assumed to be but one aspect of an unstated cross-agency policy referred to as Operation Chokepoint 2.0. A modern form of unofficial sanction against unfavored industries.
Ken Odeluga
Could 'In-kind' be a Shoo-in?
There are instances where 'in-cash' makes some sense. Crypto isn't one of them.
Ken Odeluga
Waiting for Atkins
Crypto ETFs have become one of the most pivotal on-ramps for bridging participation in mainstream assets with participation in cryptoassets - and for filings, at least, the floodgates have well and truly opened.
Ken Odeluga
Uncorrelated Crypto Factors = Good
The remarkably low correlations in our heat map are excellent news for anyone interested in factor-based approaches to digital asset investing.
Ken Odeluga
CFB Talks Digital Assets Episode 36: Goodbye to ‘Random Walks’: How CF Benchmarks built a robust Factor Model for Digital Assets
For the clearest possible exploration of our research, the CFB podcast team were stoked to welcome back CF Benchmarks quant and product manager Cristian Isac.
Ken Odeluga
Weekly Index Highlights, January 27, 2025
Digital assets declined this week: XRP (-6.02%) and ADA (-6.34%) led losses, while staking diverged as ETH yields fell to 2.73% and SOL held at 6.91%. Volatility eased with our BVXS dropping to 59.70, but short-term rates spiked, with 1-Week tenor hitting 4.96% amid shifting institutional trends.
CF Benchmarks
That first Trump 2.0 Friday Feeling
One lightening rod for that sentiment seems to be the question of whether or not the newly installed crypto-friendly President will follow through on pledges to establish a Bitcoin Strategic Reserve.
Ken Odeluga
2025 Inflection Points are just beginning
As pivotal as it might turn out to be, a 'regulatory reset' isn't the only significant evolutionary aspect mooted for crypto in 2025.
Ken Odeluga
Why Trump's not to blame for the jump in Bitcoin volatility
This is a great occasion to see the CF Bitcoin Volatility Index (BVX) in action - and get an insight into the typically counterintuitive relationship between spot bitcoin and implied volatility.
Ken Odeluga