Russian brokerage Finam will issue notes linked to BlackRock's Bitcoin ETF
ChainCatcher news, Russian brokerage Finam is about to launch an investment product linked to BlackRock's iShares Bitcoin Trust ETF (IBIT), giving qualified Russian investors their first opportunity to access a spot Bitcoin ETF.
Finam will start offering structured notes based on BlackRock's iShares Bitcoin Trust ETF (IBIT) on February 17. The IBIT bonds to be issued by Finam will be denominated in Russian rubles, and the yield will be calculated in US dollar equivalent based on the exchange rate of the Central Bank of Russia.
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