The Administrator conducted a consultation with index users and market participants for the proposed demising of the CF Ripple XRP - Bitcoin Settlement Price and CF Ripple XRP - Bitcoin Spot Rate , members of the CF Cryptocurrency Index Family, between 1000 LDN January 30th and 1600 LDN February 5th.
There were no responses received to this consultation and nor were there any queries regarding any aspects of the proposed change.
The Administrator can now confirm it will implement the proposed demising of the benchmarks.
The benchmarks will be demised at 1630 LDN February 11th2021, meaning that the CF Ripple Bitcoin Settlement Price for February 11th, 2021 is the final benchmark level.
The CF Cryptocurrency Index Family Oversight Organ has provided oversight of this benchmark cessation process.
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.
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