Disclosure
Cryptocurrency trading is speculative and your capital is at risk when you trade. We may earn affiliate commissions from some of the products on this page - at no extra cost to you.
Moscow Exchange to Launch Futures on Solana, Ripple, and Tron in 2026

Highlights:

  • Moscow Exchange adds Solana, Ripple, and Tron to its crypto indices in 2026.
  • Futures will be cash-settled and accessible to qualified investors only.
  • Perpetual futures on Bitcoin and Ethereum are also under review.

The Moscow Exchange is planning to expand its crypto derivatives market with the introduction of new indices and futures. These will include Solana (SOL), Ripple (XRP), and Tron (TRX), expanding earlier additions of Bitcoin and Ethereum contracts.

Advertisement

Banner

Maria Silkina announced this development during an interview with RBC Radio. She serves as the Chief Product Manager of the Derivatives Market Group at MOEX. Silkina outlined 2026 plans, saying that the new contracts will be cash-settled and ruble-denominated.

New Indices and Futures for Solana, Ripple, and Tron

The initial step is the establishment of Solana, Ripple, and Tron indices. The futures contracts will be based on these indices, which will be used to track the market prices. Silkina pointed out that Russian regulations mandate futures to be pegged to official indices. Moscow Exchange already runs indices on Bitcoin and Ethereum. They are used as benchmarks by monthly-settled futures currently traded on MOEX. Similarly, the new contracts for Solana, Ripple, and Tron will adopt this design structure.

In addition, only qualified investors will be provided with the futures, aligning with the existing laws of the Bank of Russia. Cash settlement is a strict condition, where no crypto delivery takes place. Silkina noted that “We are coming up with cryptocurrency indexes… Futures cannot be initiated without an underlying asset.” She also clarified that all new crypto contracts would be executed under clear guidelines.

Perpetual Futures on Bitcoin and Ethereum in Pipeline

In the future, MOEX is also considering introducing perpetual Bitcoin and Ethereum futures. Unlike monthly contracts, these instruments roll over on a daily basis. This structure mirrors products available on global cryptocurrency exchanges.

According to Silkina, the perpetual contracts would follow the same indices as the current monthly products. These additions will be implemented in stages, together with other instruments such as options. This growth reflects increased demand by Russian institutions and traders. However, all instruments will be cash-settled and tightly regulated. The Moscow Exchange plans to complete its new crypto portfolio by the end of 2026. By July, the legislative framework for the broader digital asset integration is likely to be completed.

Regulatory Shifts Driving Expansion

The regulatory environment in Russia has shifted to suit crypto derivatives. The Bank of Russia allowed financial institutions to provide such products in May 2025. The access was, however, restricted to qualified, experienced investors.

MOEX quickly adapted, offering futures on iShares Bitcoin Trust (IBIT) and iShares Ethereum Trust (ETHA). The exchange also commenced trading contracts linked to its BTC and ETH indices. These futures are settled in rubles but are commenced on dollar-denominated ETFs or indices.

Meanwhile, Russia recently labeled crypto exchange WhiteBIT as “undesirable.” The move came after it was alleged that the exchange provided support to Ukraine during the ongoing conflict. Russia is also taking steps towards the normalization of crypto markets despite sanctions and pressure due to the war. Anatoly Aksakov recently confirmed that new regulations will cover the digital assets. These will remove cryptocurrencies from strict financial oversight frameworks by mid-2026.

eToro Platform

Best Crypto Exchange

  • Over 90 top cryptos to trade
  • Regulated by top-tier entities
  • User-friendly trading app
  • 30+ million users
9.9

5 Stars

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.

Advertisement

Banner

Advertisement

Banner

Advertisement

Banner