Sep 16, 2024
Weekly Index Highlights, September 16, 2024
Stay informed with CFB's Weekly Index Highlights for a concise overview of the performance trends of our top reference rates and indices for the period September 9 to September 15, 2024.
Key developments amid Ripple’s ongoing reputational rehabilitation propelled XRP +10.64% for the week, in step with an across-the-board relief rally for large caps, and certain altcoins, alike.
Heavy lifting by Gaming category token SUPER, +38.29%, accounts for the firm weekly return by the Culture sector, +7.10%. Services also stands out, underpinned by Infrastructure, +8.72%, which in turn was primarily driven by Scaling category token Celestia’s (TIA) +20.42% jump.
A second straight mild weekly increase for the ETH Staking Reward Rate,
+1.58%, means the negative YTD change continues to hover close to -
10% (-11.50%).
A more constructive tone during the week enabled a relatively even distribution of positive returns throughout the series, with the CF Ultra Cap 5 modestly outperforming, +7.99%, relative to +7.14% by the CF Large Cap (Diversified Weight).
The CF Blockchain Infrastructure Index (+8.87%) vies with the CF Digital Culture Composite Index (+8.76%) for the top weekly performer spot in this series. Still, our blockchain infrastructure portfolio remains the worst YTD performer (-43.11%).
Our CF Bitcoin Volatility Index Settlement Rate (BVXS) indicates market implied BTC volatility continues to trend lower. The -8.19% weekly change eclipses a moderate rise over the prior week, leaving BVXS -19.14% YTD.
Session and weekly rates ticked marginally lower, whilst 3-week and 1-month tenors edged higher. Even so, the curve is materially unchanged, and its overall profile remains one of flattening across the term structure.
Index data based on CF Benchmarks Settlement Rates, published at 16:00 London Time
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.
CFB Talks Digital Assets Episode 47: Q3 2025 Outlook Special - 'Alpha in the Aftermath: Moving Beyond the 60/40'
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
Weekly Index Highlights, July 21, 2025
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
CF Benchmarks Newsletter Issue 86
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