The Moscow Exchange (MOEX) continues to drive innovation in the financial market and has recently officially launched the MOEX Launches BTC Index. The main goal of this index is to respond to regulatory requirements by providing a clear and compliant pricing standard for digital assets, and to lay a solid foundation for the future launch of ETFs, futures, and other derivatives in the Russian market.
The MOEX BTC Index uses the BTC/USDT perpetual contract as the underlying asset and is calculated using a volume-weighted average from multiple platforms. Currently, the weight distribution is: Binance accounts for 50%, Bybit for 20%, and both OKX and Bitget for 15% each. This weight will be dynamically adjusted based on quarterly trading volume to ensure that the index reflects the true market fluctuations.
This index is updated daily at 12:30 PM Moscow time, with data sourced from the perpetual contract quotes of four major trading platforms, generating index points through weighted calculations. The results will be simultaneously published on the MOEX official website and through partner brokerage channels to ensure data transparency and fairness.
In May this year, the Central Bank of Russia officially approved the issuance of crypto derivatives, although it remains cautious about the spot market. The launch of the BTC index by MOEX aligns with regulatory requirements. This provides the market with a low-threshold, traceable Compliance investment channel, reducing the barriers for institutional investors to enter the digital asset space.
This BTC index not only provides investors with a channel to participate in the market without directly holding coins, but also establishes a unified pricing standard for various future ETFs, options, and structured products, further strengthening Russia’s position in the global digital asset ecosystem. MOEX is expected to launch more digital asset indices in the future, such as Ethereum and stablecoins, continuously promoting the digital transformation and internationalization of the local capital market.