Moscow exchanges could launch Bitcoin indexes, strengthen crypto products and open new financial products.
Moscow Exchange strengthens crypto products with new Bitcoin index
Moscow Exchange (MOEX) is taking a major step into the cryptocurrency market with the launch of the new Bitcoin Index (MOEXBTC). This initiative marks a pivotal moment as the index may ultimately serve as the underlying asset for various financial instruments of exchange. The exchange was quoted by Tass Publication as follows:
On June 10, 2025, the Moscow exchange will begin calculating and publishing the new MoEx Derivative Market Bitcoin Index.
“The index code is MOEXBTC,” Exchange added. “The Bitcoin Index is calculated based on price data for permanent futures and swaps in BTCUSDT pairs raised from four major cryptocurrency exchanges (Binance, Bibit, OKX and Bitget).”
The MOEXBTC index is determined using a weighted average of prices that incorporate a specific weight factor for these selected trading platforms. This methodology aims to provide a comprehensive and representative measure of BTC value across major global exchanges. “In the future, this indicator can be used as a basic asset for financial instruments,” the exchange said.
The development is based on Moex’s recent foray into crypto-related offerings. On June 4th, the exchange began trading futures contracts related to the value of cryptocurrency (Bitcoin Trust ETF) for qualified investors. Market participants interviewed by Tass noted the high interest of investors in this instrument. Additionally, the Bank of Russia has approved the provision of derivative financial instruments, securities and digital financial assets. However, regulators remain cautious and continue to advise financial institutions and their clients on direct investments in cryptocurrency.