{"id":51646,"date":"2021-10-22T16:49:50","date_gmt":"2021-10-22T13:49:50","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=51646"},"modified":"2025-09-03T00:55:44","modified_gmt":"2025-09-02T21:55:44","slug":"nabiullina-bank-of-russia-not-ready-to-permit-bitcoin-etfs-to-trade","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/nabiullina-bank-of-russia-not-ready-to-permit-bitcoin-etfs-to-trade\/","title":{"rendered":"Nabiullina: Bank of Russia not ready to permit Bitcoin ETFs to trade"},"content":{"rendered":"<p>The Bank of Russia is not prepared to permit a <span data-descr=\"exchange-traded fund\" class=\"old_tooltip\">ETF<\/span> to trade on the local market, said Bank of Russia head Elvira Nabiullina during a <a href=\"https:\/\/www.youtube.com\/watch?v=i_36D2ry9yU&#038;ab_channel=%D0%91%D0%B0%D0%BD%D0%BA%D0%A0%D0%BE%D1%81%D1%81%D0%B8%D0%B8\">press conference<\/a>.<\/p>\n<p>\\n\\n<\/p>\n<p>On Tuesday, October 19, on the New York Stock Exchange <a href=\"https:\/\/forklog.com\/en\/news\/trading-starts-for-proshares-first-us-bitcoin-futures-etf\">began trading<\/a> the first US ETF based on Bitcoin futures from ProShares. The ETF&#8217;s turnover on the first trading day <a href=\"https:\/\/forklog.com\/en\/news\/proshares-bitcoin-futures-etf-posts-the-second-most-active-debut\">nearly reached $1 billion<\/a>, marking the second debut in trading activity.<\/p>\n<p>\\n\\n<\/p>\n<p>On Friday, October 22, the Nasdaq stock exchange began trading a Bitcoin futures ETF <a href=\"https:\/\/forklog.com\/en\/news\/nasdaq-begins-trading-valkyrie-investments-futures-based-bitcoin-etf\">from Valkyrie Investments<\/a>.<\/p>\n<p>\\n\\n<\/p>\n<p>Also, <a href=\"https:\/\/forklog.com\/en\/news\/sec-approves-futures-based-bitcoin-etfs-from-vaneck-and-valkyrie-investments\">the trading of<\/a> a Bitcoin ETF from VanEck is expected to commence in the coming days.<\/p>\n<p>\\n\\n<\/p>\n<p>The Bank of Russia has consistently expressed skepticism toward cryptocurrencies and related instruments.<\/p>\n<p>\\n\\n<\/p>\n<p>Earlier, the Bank of Russia <a href=\"https:\/\/forklog.com\/en\/news\/bank-of-russia-says-major-economies-will-not-legalise-bitcoin\">said<\/a> that major economies would not legalize Bitcoin, and <a href=\"https:\/\/forklog.com\/en\/news\/bank-of-russia-says-it-is-categorically-opposed-to-cryptocurrencies\">they were \u201ccategorically against\u201d crypto assets<\/a>.<\/p>\n<p>\\n\\n<\/p>\n<p>The regulator <a href=\"https:\/\/forklog.com\/en\/news\/bank-of-russia-urges-exchanges-not-to-allow-trading-of-crypto-linked-instruments\">recommended<\/a> that exchanges should not allow trading of instruments tied to cryptocurrencies, and <a href=\"https:\/\/forklog.com\/en\/news\/bank-of-russia-opposes-access-by-non-qualified-investors-to-bitcoin\">stated<\/a> that it will not facilitate access by non-qualified investors to Bitcoin.<\/p>\n<p>\\n\\n<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\\\"\/\/telegram.me\/forklog\\\" target=\\\"\u201c_blank\u201d\\\" rel=\\\"\u201cnofollow\u201d noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bank of Russia is not prepared to permit a Bitcoin ETF to trade on the domestic market, said Bank of Russia head Elvira Nabiullina during a press conference.<\/p>\n","protected":false},"author":1,"featured_media":51647,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[345,1996,1211],"class_list":["post-51646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bank-of-russia","tag-elvira-nabiullina","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/51646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=51646"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/51646\/revisions"}],"predecessor-version":[{"id":51648,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/51646\/revisions\/51648"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/51647"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=51646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=51646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=51646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}