Suspension of Bitstamp as a Constituent Exchange for CF Digital Asset Index Family - Single Asset Series indices

From August 20th, 2024, the Administrator will suspend Bitstamp as a CF Constituent Exchange for the indices listed within this post.

Suspension of Bitstamp as a Constituent Exchange for CF Digital Asset Index Family - Single Asset Series indices

From August 20th, 2024, the Administrator will suspend Bitstamp as a CF Constituent Exchange for the indices below:

  • CF Yearn.finance-Dollar Settlement Price
  • CF Yearn.finance-Dollar Spot Rate
  • CF SushiSwap-Dollar Settlement Price
  • CF SushiSwap-Dollar Spot Rate
  • CF The Sandbox-Dollar Settlement Price
  • CF The Sandbox-Dollar Spot Rate
  • CF Dai-Dollar Settlement Price
  • CF Dai-Dollar Spot Rate
  • CF Basic Attention Token-Dollar Settlement Price
  • CF Basic Attention Token-Dollar Spot Rate

Rationale

The Administrator monitors Constituent Exchange trading volumes on an ongoing basis against the CF Constituent Exchanges Criteria, in order to assess each venue's continuing eligibility to remain a Constituent Exchange. The Administrator has concluded that Bitstamp no longer meets the minimum spot trading volume requirements on a consistent basis. Accordingly, Bitstamp will be suspended as a Constituent Exchange for the benchmarks listed above. This suspension is indefinite.

Implementation Date

Bitstamp will be suspended as a Constituent Exchange from the benchmarks listed above at approximately 11:00 London Time, on August 20th, 2024. The suspension process has been overseen by the CF Cryptocurrency Index Family Oversight Function.

Questions or queries regarding the suspension should be directed to info@cfbenchmarks.com.

Any complaints regarding the suspension can be made 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.