CF Benchmarks
CF benchmarks logo

May 12, 2025

Suspension of Bitstamp as a CF Constituent Exchange for two CF Digital Asset Index Family indices

The Administrator announces the suspension of Bitstamp as a CF Constituent Exchange for the following indices within the CF Digital Asset Index Family – Single Asset Series, effective May 19th, 2025:

  • CF UMA-Dollar Spot Rate (UMAUSD_RTI)
  • CF Injective-Dollar Spot Rate (INJUSD_RTI)

Rationale

The Administrator continuously monitors input data from Constituent Exchanges against the CF Constituent Exchange Criteria, to assess each venue's ongoing eligibility. Although benchmark input data are sourced from order books rather than executed trades, the Administrator has determined that persistently low trading activity on Bitstamp has negatively impacted the depth and representativeness of the order books from which data for the above indices are derived. As a result, Bitstamp will be suspended as a Constituent Exchange for the indices listed above. This suspension is indefinite.

Implementation Date

The suspension will take effect at approximately 11:00 a.m. London Time, on May 19th, 2025. The process has been conducted under the supervision of the CF Cryptocurrency Index Family Oversight Function.

Questions and complaints

For questions regarding this suspension, please contact: [email protected].

To submit a confidential complaint, please email: [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.


CF Benchmarks Quarterly Attribution Reports - March 2026

Thoroughly dissect and comprehend the performance of our flagship portfolio indices at the constituent, category, sub-category, and segment levels during the course of each portfolio rebalance period.

Gabriel Selby
Gabriel Selby

Gabriel Selby

7 mins read
Weekly Index Highlights, March 9, 2026

Geopolitical strains kept digital assets on the defensive in the past week, with Bitcoin down 2.1% and Cardano -12.0%. Realized BTC volatility and our BVXS implied vol. index both inched higher, by 5.8 and 1.7 points, but Culture tokens in our CF DACS taxonomy were worst hit on average, at -8.7%.

CF Benchmarks
CF Benchmarks

CF Benchmarks

7 mins read
Factor Friday - March 6, 2026

The market posted its strongest weekly gain of 2026 at +4.3%, trimming YTD losses to -28.0%. Value emerged as the top factor at +1.7% weekly, turning positive YTD. Downside beta posted its first negative week of the year, signaling a potential early shift towards risk.

Mark Pilipczuk
Mark Pilipczuk

Mark Pilipczuk

9 mins read