The largest stock exchange in Russia has announced the addition of futures trading for BlackRock’s iShares Bitcoin Trust ETF (IBIT), a leading exchange-traded fund globally, to its product offerings.
In a recent statement, Moscow Exchange (MOEX) – the Russian government’s foray into the world of crypto assets – disclosed that starting June 4th, accredited investors will have access to trading the IBIT-9.25 (IBU5) futures contract.
“Effective today, June 4, 2025, the trading of IBIT-9.25 (IBU5) futures contract, restricted to qualified investors, commences… Exchange-side qualification checks will be enforced starting June 23, 2025.”
IBIT, which was launched in January 2024 following delays in approval by the U.S. Securities and Exchange Commission (SEC), has swiftly climbed the ranks to become one of the top 25 ETFs globally, managing over $72.4 billion in assets.
Notably, Bloomberg ETF expert Eric Balchunas emphasized the significance of IBIT’s launch due to its relatively young age compared to other ETFs on the list.
“With just 1.4 years under its belt, IBIT is the youngest on the Top 25 list by a significant margin. It’s like an infant mingling with teenagers and young adults. Truly an extraordinary stat for IBIT.”
At the time of writing, IBIT is trading at $59.92, experiencing a slight decrease in value over the past 24 hours.
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