-
Moscow Exchange plans new crypto futures for Solana Ripple and Tron under strict rules for qualified investors.
-
All new crypto derivatives on MOEX will settle in rubles using indices with no delivery of digital assets involved.
-
Russia aims to finish its expanded crypto derivatives framework by 2026 as regulation continues to evolve steadily.
The Moscow Exchange is preparing to widen its crypto derivatives lineup by adding new ruble-denominated futures tied to Solana, Ripple, and Tron. The move signals a deeper push into regulated digital asset products after Bitcoin and Ethereum contracts gained steady institutional use. The exchange plans to roll out the new instruments in stages through 2026, subject to regulatory timelines.
Russia’s largest stock exchange Moscow Exchange, plans to launch $XRP price indices and futures contracts 🙌 pic.twitter.com/1OM7wcV92V
— XRPcryptowolf (@XRPcryptowolf) February 3, 2026
Moscow Exchange Sets 2026 Timeline for New Crypto Futures
The Moscow Exchange intends to launch cash-settled futures linked to newly created indices for Solana, Ripple, and Tron. These indices will track market pricing and serve as the required underlying benchmarks. Russian rules require every futures contract to reference an official index. Consequently, index creation marks the first step before trading can begin.
The exchange already operates Bitcoin and Ethereum indices. Those benchmarks support monthly futures contracts traded on the platform today. The same structure will apply to the upcoming Solana, Ripple, and Tron products. All contracts will settle in rubles, while excluding any physical delivery of digital assets.
Qualified Investor Access and Cash Settlement Rules
Access to the new futures will remain limited to qualified investors. This restriction follows existing guidance from the Bank of Russia. The rules aim to control exposure while allowing institutions to hedge or gain price exposure within regulated limits.
Cash settlement remains mandatory for all crypto derivatives on the exchange. As a result, traders will not receive or deliver cryptocurrencies. Instead, positions will close based on index price movements. This approach mirrors the structure already in place for Bitcoin and Ethereum futures on the platform.
Perpetual Bitcoin and Ethereum Futures Under Review
Beyond new altcoin contracts, the exchange is also exploring perpetual futures linked to Bitcoin and Ethereum. These instruments differ from monthly contracts because they roll daily. Many global crypto exchanges already offer similar products. However, the Moscow Exchange plans to apply the same index-based model used for existing futures.
The exchange may also add options alongside perpetual products. Officials have indicated that these launches will follow a phased schedule. The full crypto derivatives portfolio could reach completion by the end of 2026, pending legal readiness.
Regulatory Shifts Shape Market Expansion
Russia’s regulatory stance on crypto derivatives shifted in May 2025. At that time, authorities allowed financial institutions to offer such products to experienced investors. The Moscow Exchange responded by listing futures tied to the iShares Bitcoin Trust and iShares Ethereum Trust. It also expanded trading based on its internal crypto indices.
Meanwhile, Russia has continued to separate domestic market development from external pressures. Authorities recently classified the crypto exchange WhiteBIT as undesirable. At the same time, lawmakers are drafting broader digital asset rules. Legislators expect these measures to clarify oversight boundaries and support structured market growth by mid-2026.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin’s implied volatility drops to an intra-year low, and the market is reacting mildly to Friday’s CPI data
April 9, U.S. March CPI data will be released on April 11. The market expects the year-over-year rate to rise from 2.4% to 3.4%. The Bitcoin market has responded calmly, with the options market’s volatility range only at 2.5%. Attention has been drawn by the rise in gasoline prices. Analysts believe that CPI data coming in either too soft or too hot will have different impacts on the crypto market.
GateNews9m ago
Hyperliquid’s combined trading volume of its two perpetual contracts for the first time surpassed BTC, reaching $2.45 billion.
Gate News message; on April 9, according to official Hyperliquid data, the combined trading volume of WTI crude oil (U.S. West Texas Intermediate crude oil) and Brent crude oil (Brent crude oil) perpetual contracts surpassed Bitcoin for the first time. The data shows that Bitcoin’s trading volume was $2.29 billion, WTI crude oil’s trading volume was $1.68 billion, and Brent crude oil’s trading volume was $770 million; the combined volume of the two oils reached $2.45 billion.
GateNews39m ago
The Bhutan government transferred 319.7 BTC three hours ago; its current holdings are down 70% from the peak.
The Royal Government of Bhutan has recently transferred approximately 319.7 BTC, valued at $22.68 million, and currently holds 3,954 BTC. Since this year began, the government has moved out $215.7 million worth of Bitcoin, and its holdings are down by about 70% from their peak. Bitcoin assets are managed by the national sovereign wealth fund.
GateNews1h ago
Bitcoin Depot was stolen of about 54 BTC, and on-chain investigations show the losses are higher than the official disclosure
On-chain detective ZachXBT revealed that Bitcoin ATM operator Bitcoin Depot discovered about 50.9 BTC were stolen on March 23. The investigation shows the incident actually occurred on March 20; after the funds were transferred out, it was not noticed until about three days later. Potential fund flows involving higher amounts have not yet been identified.
GateNews1h ago
Cango sells 2,000 BTC to repay debt, and a wave of miner liquidations accelerates, sweeping through the industry
Cango sold 2,000 bitcoins in March to repay a collateralized loan, reducing its holdings to 1,025.69 BTC, with debt of $30.6 million. This move is part of a comprehensive financial restructuring and strengthens the balance sheet through a $65 million equity investment and a $10 million convertible bond. Multiple miners in the industry are facing liquidation pressure, and are re-evaluating their strategies due to competition for AI resources, with expectations that by the end of 2026 AI revenue will account for 70% of miners’ revenue.
MarketWhisper1h ago
