TREE NEWS update: The Moscow Exchange will list five crypto index perpetual futures on Sept 22, 2026, covering BTCUSDF, ETHUSDF, SOLUSDF, XRPUSDF and TRXUSDF. The contracts are cash-settled with no physical delivery, priced in US dollars and settled in rubles, and open only to qualified investors. More than 72,000 qualified investors have traded its crypto futures since the first batch launched last summer, with cumulative volume above 600 billion rubles.
Moscow Exchange to Launch BTC, ETH, SOL Perpetual Futures on Sept 22
The significance here is structural: a major regulated exchange is widening its crypto derivatives suite while ring-fencing access to qualified investors, which keeps retail exposure at arm's length and concentrates activity among a smaller, vetted pool. The ruble settlement against dollar pricing also hints at a deliberate hedge against currency friction. The open question is whether the qualified-investor base can absorb five new contracts without thinning liquidity across existing ones — the cumulative volume figures suggest demand, but breadth and depth are different things.
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