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Bloomberg Adds Price Data for 6 New Crypto Assets
The data is being provided by a Kraken unit.
Updated Sep 14, 2021, 12:22 p.m. Published Mar 5, 2021, 3:44 p.m.
Financial data firm Bloomberg announced Friday it is now providing information for six more cryptocurrencies.
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- The Bloomberg terminal now provides price data for orchid, omg network, eos, chainlink, tezos and stellar.
- The data comes from CF Benchmarks, a Financial Conduct Authority–regulated indices provider and Kraken subsidiary.
- Not only does this show institutional interest is beginning to move beyond bitcoin but it also highlights "how the asset class is being viewed alongside the traditional asset classes," said Sui Chung, CEO of CF Benchmarks.
Read more: Kraken CEO Says He’d Only Want to Go Public at a Valuation Above $10B
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Solana CME Futures Fell Short of BTC and ETH Debuts, but There's a Catch
When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.
What to know:
- Solana's SOL futures began trading on the Chicago Mercantile Exchange (CME) on Monday, with a notional daily volume of $12.3 million and $7.8 million in open interest, significantly lower than the debuts of bitcoin (BTC) and ether (ETH) futures.
- Despite the seemingly lackluster debut, when adjusted to market value, SOL's first-day figures are more in line with BTC's and ETH's, according to K33 Research.
- Despite the bearish market conditions, the launch of CME SOL futures offers new ways for institutions to manage their exposure to the token, said Joshua Lim of FalconX.
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