Russia’s Biggest Stock Exchange Debuts BlackRock’s iShares Bitcoin Futures ETF for Trading
The largest inventory alternate in Russia is including futures buying and selling for asset administration titan BlackRock’s iShares Bitcoin Belief ETF (IBIT), one of many greatest exchange-traded funds on the earth, to its suite of merchandise.
In a brand new announcement, Moscow Trade (MOEX) – the federal government of Russia’s enterprise into the world of crypto belongings – says that beginning on June 4th, it’s including help for the product, although solely to accredited traders.
“Please be aware that at the moment, June 4, 2025, buying and selling within the IBIT-9.25 (IBU5) futures contract, permitted solely to certified traders, begins… Qualification checks on the alternate aspect will likely be carried out from June 23, 2025.”
IBIT, which launched in January 2024 after years of getting its approval halted by the U.S. Securities and Trade Fee (SEC), just lately entered the checklist of prime 25 ETFs on the earth, coming in at simply over $72.4 billion in belongings underneath its administration.
In line with Bloomberg ETF specialist Eric Balchunas, the launch is significant as a result of IBIT continues to be comparatively younger in comparison with most ETFs on the checklist.
“Right here’s a desk of the Prime 25 greatest ETFs and their age. At 1.4 yrs previous IBIT is [the] youngest on the checklist by 9 instances. It’s like an toddler hanging out with youngsters and twenty-somethings. Fairly [possibly] probably the most insane IBIT stat but.”
IBIT is buying and selling for $59.92 at time of writing, a marginal lower over the last 24 hours.
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