Maria Silkina, head of derivatives at the exchange, noted that these assets are leading the priority list to move beyond current benchmarks limited to Bitcoin and Ethereum. Consequently, the exchange seeks to replicate the success of its existing products under a strict compliance framework.
Through these new financial instruments, which will function via cash settlement, professional investors will be able to gain exposure to price movements without owning the tokens. In this way, Russia maintains rigorous control while allowing for the growth of the financial sector.
The rollout of these products is intrinsically linked to Russia’s regulatory evolution, which expects to finalize its legal framework for cryptocurrency trading by July 1, 2026. However, participation will remain limited for retail investors due to the high-risk classification of these assets.
In addition to the new indices, MOEX is evaluating the launch of perpetual futures for Bitcoin and Ethereum. These would operate as one-day contracts with automatic renewal — a structure familiar to global traders operating within Russian domestic regulatory limits.
