Results of Consultation for Demising the indices of the Ripple XRP Bitcoin pair and Confirmation of Implementation
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.
Implementation Date
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.