Moscow Bursa for the launch of the ETHEREUM Futures Index Fund star-news.press/wp

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Tim Alper

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Tim Alper

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Tim Alper is a British journalist and a work feature writer in Cryptonews.com since 2018. He has written for media outlets such as BBC, Guardian, and Chosun Ilbo. He also worked …

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Moscow Exchange says it will launch a box that tracks one of the world’s largest investment funds in the world, just weeks after the Bitcoin Future offer.

Russian media RBC She stated that Maria Patricaeva, the administrative director of the Moscow Mashkat market for the stock exchange, confirmed the plan, saying that the ETHEREUM box (ETH) will appear at some point in August.

Moscow Bursa: ETHEREUM Fund to launch it in August

Patricieva said the stock exchange “intends to start trading the futures contract contract for an investing in Ethereum. She explained:

“The fundamental origin of the box is Ishares Ethereum Trust Etf.

Ishaares Ethereum Trust ETF is trading on the New York Nasdaq Stock Exchange and launched in July 2024.

Exchange grows encryption

The stock exchange has grown increasingly on Crypto this year, as it launched the first Bitcoin (BTC) future on June 4.

The product is still restricted to qualified investors. Cash is expanded in rubles and is associated with the IBIT value of Blackrock.

The stock exchange continued last month with a claim that the launch of a new BTC derivative tool was “imminent”.

It is also awaiting organizational approval at all planning for investment funds and structured links that focus on Cryptoasset indicators.

Patricaiva added that the stock exchange will launch more future contract products next month.

Patricaeva explained that another product will follow the American investment funds that invest in US government bonds.

She said the basic principle of this future contract will be ISHARES 20+ Trease Bond Etf (TLT).

This will be the first future contract in Moscow’s exchange to track the dynamics of US debt.

Patrikeyeva stressed that MEEX is also scheduled to offer future offers for the first time for stocks in Chinese technology giants and Xiaomi this week.

Tincent and Xiaomi are currently trading on the Hong Kong Stock Exchange.