Crypto

Russia's largest scholarship is making its debut

The largest scholarship in Russia is to add to term negotiations for the management of Titan Blackrock Ishares Bitcoin Trust Etf (IBIT) asset management, one of the greatest funds on the world, following it.

In a new announcementMoscow Exchange (MOEX) – The company of the Government of Russia in the world of cryptographic assets – says that from June 4, this adds support for the product, but only to accredited investors.

“Please note that today, on June 4, 2025, negotiating in the ibit-9.25 (IBU5) (ibu5), authorized only for qualified investors, begins … The qualification checks on the side of the stock market will be implemented from June 23, 2025.”

Ibit, which was launched in January 2024 after years of rent of its approval by the Securities and Exchange Commission (SEC) of the United States, recently established the list of the 25 TOP 25 of ETFs in the world, coming from just over $ 72.4 billion in assets under its management.

According to the specialist in Bloomberg ETF, Eric Balchunas, the launch is significant Because Ibit is still relatively young compared to most ETFs on the list.

“Here is a table of the 25 best ETFs and their age. At 1.4 years old, Ibit is [the] The youngest in the list of nine times. It's like a baby lying around with adolescents and twenty years old. Enough [possibly] The craziest Ibit statistics to date. »»

Source: Eric Balchunas / X

Ibit is negotiated at $ 59.92 at the time of writing, a marginal drop in the last 24 hours.

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