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.