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Kraken’s UK subsidiary in talks with 50 firms to provide bitcoin ETF pricing

Kraken-owned CF Benchmarks is already providing bitcoin pricing data to six ETF issuers, including BlackRock and Franklin Templeton

By Bilal Jafar
'We need to take into account that not every distribution channel is open to bitcoin ETFs as of now, but as we see more channels opening up in the coming months and years, we will see a rise in inflows'
'We need to take into account that not every distribution channel is open to bitcoin ETFs as of now, but as we see more channels opening up in the coming months and years, we will see a rise in inflows' Photo: Tiffany Hagler-Geard/Getty Images

Kraken’s London-based crypto pricing provider CF Benchmarks says it is in talks with 50 firms to use its services for spot bitcoin ETFs.

BlackRock and Franklin Templeton are among the financial giants who currently use CF Benchmarks’ index for their products.

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