Structured products B2C2’s Bitcoin NDF set to be institutional first choice It’s the integration of the CME CF BRR as reference price that distinguishes the Bitcoin NDF deal executed by B2C2 from any such deals that would be executed without the BRR as reference price.
newsletter CF Benchmarks Recap - Issue 43 The latest BTC capital markets innovation is also the first time our regulated CME CF Bitcoin Reference Rate (BRR) has been deployed in a structured product transaction
Announcement CF Benchmarks launches Settlement Prices and Spot Rate indices for AMP, CRV, GRT, MKR, SNX, YFI CF Benchmarks is continuing to broaden its range of regulated benchmarks for the leading platform tokens, ensuring that the highest standards of price accuracy and governance are in place as institutional volumes approach critical mass.
Post ASIC greenlights crypto ETFs with CF Benchmarks-based “good practices” The key to ASIC’s more sure-footed approach is proposals on exchange traded crypto products that point to the adoption of the essence of CF Benchmarks policies and guidelines
newsletter CF Benchmarks Recap - Issue 42 Following the blowout launch of ProShares Bitcoin Strategy ETF, the pace of follow-on news has predictably been rapid. We summarise some of the most salient developments from our perspective inside.
Post ProShares’ Bitcoin ETF launch volumes crush expectations With around $1bn in day-one volume, BITO approached the turnover dollar value of some of the most popular ETF launches ever
Post Incoming: U.S. Bitcoin ETF News reports suggesting that an SEC approval could be imminent came swiftly after key Bitcoin futures ETF applicant ProShares filed an N1-A Registration Statement (AKA an ‘amended prospectus’) for its Bitcoin Strategy ETF.
Post CF Benchmarks Recap - Issue 41 Evolve ETFs headlines institutional reorientation to the asset class again, this time with Evolve Cryptocurrencies ETF.
Post Bitcoin, Ether ‘commodity’ ETF prospects on track SEC Chair Gensler said nothing in the WaPo interview to suggest that his views have changed.
Post Australia’s ASIC prepares ground for crypto ETFs with CF Benchmarks-like policies The similarities between ASIC’s proposals and the wording and substance of CF Benchmarks policies and methodologies are striking.
newsletter CF Benchmarks Recap - Issue 40 Summer’s done, and the waiting game for that elusive U.S. Bitcoin ETF continues. We thought it high time to update our round-up of CFB-powered filings.
Keeping tabs on CF Benchmarks-powered U.S. BTC ETFs - Part II An update on the crypto ETF paperwork that’s been piling up on the SEC’s desk for almost every month of the year.
Post How the BRR Liquidity Complex empowers big banks to create regulated Bitcoin products Our latest whitepaper shows how BRR-powered ETFs within the BRR’s ecosystem of institutional liquidity bridge the regulatory divide to big bank Bitcoin products
newsletter CF Benchmarks Recap - Issue 39 With multi-asset ETFs looking increasingly like the next logical frontier of accessibility, CF Benchmarks-administered Nasdaq Crypto Index (NCI) was also named in a new filing.
Bitcoin ETF Bitcoin futures ETFs with end-to-end regulation in focus Accepting that the series of the statements has been a coherent, deliberate build-up to Gensler’s August remarks, the probability—if not the inevitability—of the SEC approving a form of Bitcoin ETF in the relatively near future appears to increase.
newsletter CF Benchmarks Recap - Issue 38 These are Gensler’s least equivocal remarks yet on this topic, indicating a potential line of least resistance.
Announcement CF Benchmarks launches Settlement Price and Spot Rate indices for DeFi coins UNI and COMP, plus utility tokens ADA and FIL Decentralised finance (DeFi) is receiving one of its strongest corroborations yet as a force to be reckoned with across the established financial world as CF Benchmarks brings its regulated Benchmark Methodology to prices for Uniswap and Compound
Announcement ProFunds launches First U.S. Bitcoin Mutual Fund – with CF Benchmarks-powered Performance Index BTCFX instantly becomes the first widely available U.S. cryptocurrency fund – distinct from numerous crypto funds that are only available to accredited investors. This fact alone makes the news a true watershed moment for Bitcoin and crypto.
crypto asset management CF Benchmarks Recap - Issue 37 NYDIG will handle the BTC, etc., avoiding the regulatory uncertainty U.S. banks face in an increasingly crypto world.
bitcoin CF Benchmarks Recap - Issue 36 Backed by the CME CF Bitcoin Reference Rate, QBTC11 joins the ranks of the most trustworthy, fully regulated crypto assets in the world, bringing the convenience of the simplified ETF wrapper to Brazilian investors.
bitcoin SEC rewinds more Bitcoin ETF reviews The SEC is continuing to take its time to decide whether or not to (finally) approve one of the weighty Bitcoin ETF applications on its desk.
crypto asset management CF Benchmarks Recap - Issue 35 Texas-based Victory Capital, an $157bn AuM investment manager, is set to launch assets referencing the CF Benchmarks-devised and calculated Nasdaq Crypto Index.
bitcoin SEC warns on Bitcoin futures funds, not ETFs A close examination of the commission’s recent warnings suggests that its concerns won't have a great deal of bearing on Bitcoin ETF decisions.
Post CF Benchmarks Recap - Issue 34 By way of consolation, BTC continued to levitate above May’s $29k-handle lows.
crypto asset management SEC restarts the clock on WisdomTree ETF decision Quite often, the Commission simply needs to ‘restart the clock’, to afford itself more time for consideration
