PANews reported on February 13 that according to Cointelegraph, Russian retail brokerage Finam will launch an investment product linked to the BlackRock iShares Bitcoin Trust ETF (IBIT) on February 17, giving Russian qualified investors the first opportunity to access spot Bitcoin ETFs. Finam's upcoming IBIT bonds will be denominated in Russian rubles, and the yield will be calculated in U.S. dollar equivalent based on the exchange rate of the Russian Central Bank. If the price of the Bitcoin ETF is at least one basis point higher than the price at the time of product launch when the note matures, investors will receive up to 20% in U.S. dollar yields. The minimum investment is 200,000 rubles, or about $2,200 at the time of writing. The brokerage commission is 1% (in rubles). In addition, Finam also plans to launch more similar products linked to Ethereum spot ETFs.