Moscow Exchange Expands Electronic Derivatives Market
On June 26, an internal source revealed that the Moscow Exchange is actively developing a cryptocurrency-based derivatives ecosystem. After launching Bitcoin futures on June 4, the exchange will continue to introduce futures contracts based on the new Bitcoin index. At the same time, cryptocurrency index funds and structured bonds are also being prepared for market launch in the near future.
Bitcoin Futures and New Index
Vladimir Krekoten, CEO of the Moscow Exchange, said that the heat from the market has driven the rapid deployment of new derivative products. A highlight is the launch of the Bitcoin index serving as the underlying asset for derivative products. The calculation of this index began on June 10, marking an important step in diversifying financial instruments related to cryptocurrency in the Russian market.
Impressive Trading Volume Attracts Professional Investors
According to data, the first Bitcoin futures contract on the exchange, linked to BlackRock's IBIT ETF and settled in rubles, recorded a trading volume of up to 7 billion rubles, equivalent to approximately 89.45 million USD, in just three weeks. This figure demonstrates a strong attraction from over 10,000 qualified investors participating, reflecting significant cash flow and deep interest in cryptocurrency derivative products in Russia.
Prospects for Fund and Structured Bond Products
In addition to futures contracts, the Moscow Exchange is actively negotiating with asset management companies to launch cryptocurrency index funds and structured bonds related to digital assets. These complex financial products will be rolled out after receiving approval from regulatory authorities, opening a new investment channel and optimizing portfolios for institutional investors.
Conclusion
The development of new cryptocurrency derivative products on the Moscow Exchange not only provides additional financial instruments but also helps attract more capital, increasing liquidity in the cryptocurrency market in Russia. With the new Bitcoin index along with structured funds and bonds in the near future, investors have the opportunity to access digital assets in a more traditional and safe manner. This is a strategic advancement, promoting the cryptocurrency market to become increasingly mature and professional.
Source: https://tintucbitcoin.com/san-moscow-exchange-ra-mat-quy-moi/
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