Netflix has stringent standards because they are both a producer of content as well as a distributor. As such they have to look at the long term. In general they want 4K in either RAW or 444 Log, and usually at least 12-bit. There's a lot of leeway in this and as I said they evaluate cameras as well as individual production needs, but in general you should expect to use something from their approved list if you want to make product for them. Frankly, unlike other outfits, I find Netflix to be quite level headed and well considered in this regard. There are some places that use old deliverable standards culled from various sources that are actually at odds with one another and don't make much sense.
Their minimum requirement for log is actually 10-bit.