BlackRock’s Bitcoin ETF futures debut in Moscow as fund hits top 25
Since the IBIT ETF futures are only available to accredited investors, the latest crypto developments in Russia left many retail players unimpressed.
Moscow Exchange (MOEX), Russia’s largest stock exchange, launched futures trading for BlackRock’s iShares Bitcoin Trust ETF (IBIT), as the fund climbed into the world’s top 25 ETFs by assets under management (AUM).
MOEX introduced a futures contract tied to IBIT on June 4, according to an announcement by the exchange.
The new investment product is accessible exclusively to accredited investors, with MOEX planning to introduce qualification testing from June 23.