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Moscow Exchange Bitcoin Futures Hit 7B Rubles

Moscow Exchange Bitcoin futures have surged to nearly 7 billion rubles in total trading volume since launch, and this marks a significant milestone for crypto futures in Russia right now. The exchange’s Bitcoin index trading platform currently serves over 10,000 qualified investors, with Russian crypto regulation enabling structured cryptocurrency exposure through the Moscow exchange crypto derivatives market at the time of writing.

Bank of Russia crypto regulation announcement – Source: CBR.ru

Also Read: Russia Approves Crypto Derivatives for Wealthy Investors

Moscow Exchange Crypto Futures Surge Amid Index Launch, New Rules

Moscow ExchangeMoscow Exchange
Source: Bloomberg

The Moscow Exchange Bitcoin futures contracts, which were launched on June 4, also generated 420 million rubles on their first trading day alone. Managing Director Vladimir Krekoten had this to say:

“Since then, the trading volume has amounted to a total of almost 7 billion rubles. Over 10,000 qualified investors have made transactions with it.”

Bitcoin Index Trading Powers New Growth

The Moscow Exchange Bitcoin futures utilize the platform’s new Moscow Exchange PFI Bitcoin Index (MOEXBTC), which has been calculated since June 10. This Bitcoin index trading system underlies the second crypto offering from MOEX, and it follows their BlackRock Bitcoin ETF futures launch. The crypto futures Russia market expansion demonstrates strong institutional demand for regulated digital asset exposure right now.

Regulatory Framework Shapes Moscow Exchange Crypto Access

Access to Moscow Exchange Bitcoin futures remains limited to highly qualified investors under Russian crypto regulation at this time. The Bank of Russia’s experimental legal regime requires 100 million rubles in securities or deposits, and also 50 million rubles annual income. This framework ensures Bitcoin index trading occurs within controlled parameters while expanding crypto futures Russia opportunities for institutional participants.

Moscow Exchange trading floorMoscow Exchange trading floor
Moscow Exchange trading floor – Source: Investing.com

Also Read: Russian Banks Race to Launch Crypto Products

The success of Moscow Exchange in the trading of Bitcoin futures with the volume of 7 billion rubles makes Russia a key non-retrospective player in the trading of regulated cryptocurrency derivatives at the moment. The Bitcoin index trading platform on the exchange and its growing crypto futures Russia products indicate how Russian crypto regulation can liberalize institutional exposure to digital assets over time, but with severe control of Moscow exchange crypto, as at the time of writing.

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