Since the IBIT ETF futures are only available to accredited investors at this time, many retail investors are unimpressed by the latest crypto developments in Russia.
Moscow Exchange (MOEX), Russia’s largest stock exchange, has launched futures trading for BlackRock’s iShares Bitcoin Trust ETF (IBIT), as the fund climbs 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 official announcement by the exchange.
The new investment product is accessible exclusively to accredited investors, with MOEX expecting to introduce qualification testing from June 23, the announcement states.
