The Moscow Exchange will start calculating the bitcoin index on June 10.
The Moscow Stock Exchange will start calculating the bitcoin index on June 10. This was announced on June 9 by the trading platform.
"To calculate the bitcoin index, data on the prices of perpetual futures and swaps for the BTCUSDT pair from the four largest crypto exchanges (Binance, Bybit, OKX and Bitget) will be used," the website says.
According to the trading platform, the index is a weighted average of prices based on trading volumes on these platforms. The weights will be reviewed every quarter.
It is noted that the index can become a base asset for various financial instruments. It will be calculated once a day at 12:30 Moscow time.
On May 22, Capital Lab partner Evgeny Shatov explained to Izvestia what influenced the growth of the BTC exchange rate. He clarified that the bitcoin exchange rate has set a record, exceeding $ 111 thousand. According to him, the growth of cryptocurrencies is due, among other things, to the fact that the promotion of legislation on stablecoins in the United States has given investors hope that regulation will be clarified under US President Donald Trump.
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