The crypto world investment in Russia is quite lively. Since June and July of this year, the Moscow exchange has launched crypto futures funds linked to BlackRock's BTC and ETH ETFs, attracting quite a bit of local capital. As of now, the inflow of funds has exceeded 27 million dollars.
Interestingly, most investors are making small allocations, with individual account holdings below $6,400. However, there are a few big players with single account holdings exceeding $1.3 million, which can be considered serious bets. According to statistics from the Central Bank of Russia, the total scale of domestic and crypto-related financial products is around $4,800 — it seems that traditional financial institutions are slowly accepting this new market.
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GasBankrupter
· 23m ago
Damn, Russia is going all in this time. $27 million in just a few months? Even traditional financial institutions are starting to give in.
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InfraVibes
· 12-01 07:49
Russia is stirring things up, and the black swan country is also starting to seriously play with BTC futures? This time it’s really getting serious.
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ChainSherlockGirl
· 12-01 07:49
Is anyone interested in who these large investors with 1.3 million dollars are? I'm itching to track their wallet addresses...
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ForkItAll
· 12-01 07:37
27 million dollars flowing in, Russia is really going to play now.
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SchroedingersFrontrun
· 12-01 07:30
$27 million flowed into Russia, and TradFi is finally taking it seriously.
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failed_dev_successful_ape
· 12-01 07:20
Ha, Russia is also getting involved, 27 million dollars in just half a year. The acceptance by traditional institutions is indeed changing the game rules.
1.3 million single account Holdings, there are really people all in. However, retail investors are probably the foundation.
BlackRock's move with ETF futures is a good strategy. Compliance trap provides this advantage. Let's continue to wait for mainstream recognition.
The crypto world investment in Russia is quite lively. Since June and July of this year, the Moscow exchange has launched crypto futures funds linked to BlackRock's BTC and ETH ETFs, attracting quite a bit of local capital. As of now, the inflow of funds has exceeded 27 million dollars.
Interestingly, most investors are making small allocations, with individual account holdings below $6,400. However, there are a few big players with single account holdings exceeding $1.3 million, which can be considered serious bets. According to statistics from the Central Bank of Russia, the total scale of domestic and crypto-related financial products is around $4,800 — it seems that traditional financial institutions are slowly accepting this new market.