
Markets rallied last week, with 7.6% gains in the CF Broad Cap and Large Cap (Diversified) indices. DeFi (+13.64%) and Digital Culture (+13.51%) led thematic sectors, while Web 3.0 Smart Contract Platforms (+9.79%) also advanced up, reflecting renewed investor interest in high-beta market segments.

CF Benchmarks
Given how fast US Bitcoin ETFs became the most successful ETF debuts ever, before the SEC approved in-kind creation and redemption, some observers have suggested the prohibition had little-to-no bearing on demand.

Ken Odeluga
Last week, markets broadly declined: Large and Broad Cap indices fell 5.50% and 5.72%. High-beta themes tumbled— the CF Digital Culture Composite dropped 13.58% and the CF DeFi Composite slid 12.51%. Solana (–14.50%) and Avalanche (–19.55%) lagged, while Bitcoin was most resilient (–3.71%).

CF Benchmarks
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
This Research Bytes episode offers a top-level summary of CF Benchmarks’ Q3 2025 Market Outlook report. From multi-token ETFs to corporate treasuries stacking digital assets, discover what’s reshaping investment strategy in today’s evolving macro landscape.

CF Benchmarks
Ether is up 14.30% YTD despite a 0.67% weekly dip. Diversified benchmarks fell ~4%, trimming gains. Free-float indexes dropped ~1.9%, signaling small-cap caution. Bitcoin implied volatility rose 2.84% while realized volatility declined.

CF Benchmarks
Over the last several weeks, Ethereum has been having a moment, and analysts suggest it could continue.

Ken Odeluga
Join Head of Research, Gabe Selby, CFA, and Research Analyst Mark Pilipczuk, as they talk through their report: 'Alpha in the Aftermath: Moving Beyond the 60/40', on the latest episode of CFB Talks Digital Assets!

Ken Odeluga
ETH is up YTD after a 23% rally. Broad Cap and Large Cap indexes rose nearly 9%, beating roughly 3% gains in free-float versions. Bitcoin volatility fell, but elevated long-dated call premia suggest ongoing directional risk-taking.

CF Benchmarks
The REX-Osprey Solana + Staking ETF (ticker: SSK) won double first-mover status as the first U.S.-listed spot Solana ETF, as well as the first U.S. ETF that enables investors to earn staking rewards.

Ken Odeluga
The recent debut of Evolve's XRP ETF (XRP), and Evolve Solana ETF (SOLA), show the firm remains at the cutting edge. Forward-thinking investment management has been key, and that's been consistently supplied by Evolve's CIO, Elliot Johnson.

Ken Odeluga
Pando Bitcoin ETF investors are assured of optimal digital asset investment management expertise, as Pando Finance leverages its track record in Web3 innovation and venture capital to enable best-in-class crypto market execution.

CF Benchmarks
By clicking Accept, you consent to CF Benchmarks's use of cookies.
Visit Cookie Settings to learn how CF Benchmarks uses cookies and to adjust your preferences.