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:
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.
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.
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.
Under the proposed change, the Administrator will publicly disclose the average commission fee quoted by the four Providers, and the Index will be calculated net of the average fee, rather than using each Provider’s individual fee.

CF Benchmarks
Renewed weakness across markets saw digital assets fall sharply again in the past week, with Bitcoin, −5.6% and Ether, −3.4 %, leading broad declines. Bitcoin implied and realized volatility were both firmly higher, while BTC and USDT funding curves compressed.

CF Benchmarks
This isn’t quite a panicked set-up, yet; as the trend in this 30-day window looks quite literally orderly, for now.

Ken Odeluga