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Suspension of Bitstamp as a CF Constituent Exchange for two CF Digital Asset Index Family indices

The Administrator announces the suspension of Bitstamp as a CF Constituent Exchange for the CF UMA-Dollar Spot Rate (UMAUSD_RTI), and CF Injective-Dollar Spot Rate (INJUSD_RTI), effective May 19th, 2025.

CF Benchmarks

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Suspension of Bitstamp as a CF Constituent Exchange for two CF Digital Asset Index Family indices

The Administrator announces the suspension of Bitstamp as a CF Constituent Exchange for the following indices within the CF Digital Asset Index Family – Single Asset Series, effective May 19th, 2025:

  • CF UMA-Dollar Spot Rate (UMAUSD_RTI)
  • CF Injective-Dollar Spot Rate (INJUSD_RTI)

Rationale

The Administrator continuously monitors input data from Constituent Exchanges against the CF Constituent Exchange Criteria, to assess each venue's ongoing eligibility. Although benchmark input data are sourced from order books rather than executed trades, the Administrator has determined that persistently low trading activity on Bitstamp has negatively impacted the depth and representativeness of the order books from which data for the above indices are derived. As a result, Bitstamp will be suspended as a Constituent Exchange for the indices listed above. This suspension is indefinite.

Implementation Date

The suspension will take effect at approximately 11:00 a.m. London Time, on May 19th, 2025. The process has been conducted under the supervision of the CF Cryptocurrency Index Family Oversight Function.

Questions and complaints

For questions regarding this suspension, please contact: info@cfbenchmarks.com.

To submit a confidential complaint, please email: complaints@cfbenchmarks.com.

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