According to Cryptonews, Vladimir Krekoten, Managing Director of the Moscow Stock Exchange, revealed that following the launch of Bitcoin futures on June 4th, the exchange is about to launch futures contracts based on the Bitcoin index and is preparing for cryptocurrency index funds and structured bonds. Krekoten stated that market enthusiasm has prompted exchanges to accelerate the launch of more cryptocurrency derivatives. Currently, discussions are underway with asset management companies to launch cryptocurrency index mutual funds and structured bonds, which are awaiting regulatory approval before implementation. The exchange has also developed a new Bitcoin index as the underlying asset for derivatives, with calculations starting on June 10th.
Data shows that the platform's first Bitcoin futures (linked to the BlackRock IBIT ETF and settled in rubles) had a cumulative trading volume of 7 billion rubles (approximately 89.45 million US dollars) within three weeks of listing, attracting over 10000 qualified investors to participate.
