Why CSBTCHR?
Transparent reference price
The CSBTCHR is a transparent reference price for bitcoin with independent governance and oversight. Rates are computed hourly, every day of the year. They are calculated at the end of every hour and are published around 5 minutes after the end of the hour.
Easily Accessible
The CSBTCHR can be accessed online on the Compass Financial Technologies website (www.compass-ft.com) or on Bloomberg or Refinitiv. The CoinShares Hourly Reference Rates are non-significant benchmarks according to EU BMR.
Published by industry experts
CSBTCHR is owned by CoinShares. The Benchmark Administrator and Calculation Agent is Compass Financial Technologies (France). Data is provided by CryptoCompare.
Designed for institutions
The CSBTCHR is calculated based on the collection of all observable transactions and order books snapshots of all Selected Exchanges. The reference rate has been designed to provide institutional investors with independent and robust reference prices.
Methodology
The CoinShares Hourly Reference Rates offer transparent cryptocurrency prices, calculated hourly and published shortly after each hour. Accessible online via Compass Financial Technologies, Bloomberg, or Refinitiv, they are designed for institutional investors seeking reliable reference prices. Compliant with EU BMR standards, these rates serve as independent and transparent valuation benchmarks for cryptocurrency portfolios.
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Our Team
Our expert index team delivers expert research & market insights.
Pierre Porthaux
Head of Quantitative Research & Development
Luc Guillou
Deputy Head of Trading
