The post Bitcoin futures rack $5M trading volume on its first day on Moscow Exchange appeared on BitcoinEthereumNews.com.

Russia’s largest stock trading venue, the Moscow Exchange, registered over $5 million of Bitcoin futures trading volume on the day it launched its crypto derivatives. More than 4,000 investors participated, the exchange announced, noting it will take into account customer demand when planning the development of the new market. Moscow Exchange releases first Bitcoin futures trading stats The volume of Bitcoin futures traded on Moscow Exchange exceeded 420 million rubles (over $5.3 million) at the end of June 4, the day the new product was offered to investors, a representative of the platform’s operator announced. Nearly 8,600 transactions were carried out and the number of clients involved in the trading reached 4,137, the Russian business daily Kommersant reported, quoting Maria Patrikeeva, managing director of the Moscow Exchange Derivatives Market. The executive emphasized that the leading Russian exchange intends to develop the new segment in accordance with customer requests and elaborated: “90% of the turnover on the futures market comes from qualified investors. Therefore, the launch of futures on shares of the iShares Bitcoin Trust ETF investment fund — an instrument available exclusively to this category of investors — was a logical and timely step in the development of our line.” The Moscow Exchange (MOEX) started trading futures contracts for the shares of BlackRock’s Bitcoin ETF (IBIT) on Wednesday. The value is expressed in U.S. dollars per lot, and settlements are made in Russian rubles. The contracts will expire in September. The trading platform revealed it’s going to launch the product right after the Central Bank of Russia (CBR) said it’s authorizing the offering of crypto derivatives in the country. The regulator did that while warning both financial firms and their clients against direct investments in cryptocurrencies. The iShares Bitcoin Trust ETF, managed by the American investment firm BlackRock, is one…

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Filed under: News - @ June 5, 2025 4:30 pm