For the last several months there’s really been only one game in the institutional crypto town, and it’s all about those steps to a potential first U.S. Bitcoin ETF

The fact that two of the three Bitcoin ETF filings under active review at the SEC propose to use a CF Benchmarks index as their daily valuation price is welcome, to say the least, and may turn out to be significant.

Three simultaneously launched Ether ETFs underlined their sponsors’ willingness to go head-to-head.

Only Evolve Ether ETF, which uses the CME CF Ether-Dollar Reference Rate as its reference index, is backed by a pricing source with a fully public and transparent methodology.

ETHR’s daily NAV will be calculated using the CME CF Ether-Dollar Reference Rate, the only regulated Ether benchmark price

Evolve ETFs edged ahead of rivals with Friday’s announcement of what’s set to be the world’s first Ether ETF

Ultimately, demonstrating that the BRR continued to meet the most stringent standards of those qualities underpins the stated aim of the research in the first place: to validate the BRR as a superior reference price for providers of regulated Bitcoin financial products, chiefly ETFs.