As crypto ETFs become reality, benchmark providers take center stage

The SEC’s approval of the first spot bitcoin ETFs will expose a growing number of traditional market participants to the maturing world of crypto data, a moment that some—such as CF Benchmarks, BlackRock’s benchmark provider—have been eagerly awaiting.

On May 29, 1953, New Zealand’s Edmund Hillary accomplished the dangerous and harrowing feat of successfully climbing Mount Everest. There had never been a documented, successful climb, and mystery surrounded the fate of mountaineers who never returned. When Hillary finally reached the peak of the Earth’s highest mountain above sea level, he had a witness. 

His companion was Tenzing Norgay, a Nepali Sherpa mountaineer. Norgay had already been to Everest six times when he joined the Hunt expedition

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