CORRECTION: Amendment of Restatement and Republishing Materiality Threshold for CF Volatility Series
The Administrator announces that the Restatement and Republishing materiality threshold for the CF Bitcoin Volatility Index Settlement Rate (BVXS) will be amended on April 7th, 2025.

This is notice of the correction of an error in an earlier item, titled: "Amendment of Restatement and Republishing Materiality Threshold for the CF Digital Asset Index Family - CF Volatility Series".
Under 'Example:', the fourth bullet point has been corrected to:
Less than 49.79%
This amends the prior version, which read:
Less than 40.79%
The Administrator announces that the Restatement and Republishing materiality threshold for the CF Bitcoin Volatility Index Settlement Rate (BVXS) will be amended on April 7th, 2025.
The Restatement and Republishing materiality threshold percentage will remain unchanged at 0.20%, however its application will change from a relative basis to an absolute basis.
Going forward, this means the Administrator will only restate and republish the CF Bitcoin Volatility Index Settlement Rate (BVXS) when the following conditions are met:
- Timeliness: The Administrator can restate and republish the index value before 23:59:59 of the given Calculation Day
- Materiality: The restated Index value has an absolute variance greater than 0.20% for the Index for the given Calculation Day
Example:
- The index value on a given Calculation Day is published as 50%
- The index value will only be restated if the restated value is:
- Greater than 50.21%
OR
- Less than 49.79%
In case of any questions or queries please do not hesitate to contact info@cfbenchmarks.com.
Any users wishing to file a complaint regarding this process can do so confidentially by writing to complaints@cfbenchmarks.com.
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.