PANews reported on June 4 that according to TASS, the Moscow Exchange of Russia officially launched Bitcoin futures trading on June 4, 2025. The product is only open to qualified investors. The IBIT futures contracts launched this time are quoted in US dollars and settled in rubles. The first batch of contracts will expire in September 2025. The futures product is based on the value of the Bitcoin Trust ETF, with a transaction unit of US dollar per lot and ultimately settled in rubles.
In May, the Russian Central Bank approved financial institutions to offer financial derivatives linked to the value of cryptocurrencies to qualified investors, but still recommended avoiding direct investment in cryptocurrencies.
