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Moscow Exchange to Launch Cryptocurrency Fund and Structured Bonds Following Bitcoin Futures Launch
Summary: According to reports from Cryptonews, Vladimir Krekoten, the CEO of the Moscow Exchange, revealed that following the launch of Bitcoin futures on June 4, the exchange is set to introduce futures contracts based on the Bitcoin index, as well as preparing for cryptocurrency index funds and structured bonds. Krekoten stated that market enthusiasm has prompted ...
According to reports from Cryptonews, Vladimir Krekoten, the CEO of the Moscow Exchange, revealed that following the launch of Bitcoin futures on June 4, the exchange is set to introduce futures contracts based on the Bitcoin index, as well as preparing for cryptocurrency index funds and structured bonds. Krekoten stated that market enthusiasm has prompted the exchange to accelerate the introduction of more cryptocurrency derivatives, and they are currently in discussions with asset management companies to launch cryptocurrency index mutual funds and structured bonds, pending regulatory approval. The exchange has also developed a new Bitcoin index as the underlying asset for derivatives, with calculations starting from June 10.
Data shows that the platform's first Bitcoin futures (linked to the Belde IBIT ETF, settled in rubles) accumulated a trading volume of 7 billion rubles (approximately $89.45 million) in three weeks, attracting over 10,000 qualified investors.
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Link: Moscow Exchange to Launch Cryptocurrency Fund and Structured Bonds Following Bitcoin Futures Launch [Copy]
