Bonds linked to bitcoin ETF to be offered to investors in Russia

The investment company "Finam" will offer investors a structured bond with a six-month term, where the underlying asset will be the bitcoin ETF from BlackRock. This was reported by "Vedomosti."

The bond will be denominated in rubles, with its yield calculated in US dollar equivalent based on the Central Bank's exchange rate. The minimum investment amount from an investor is 200,000 rubles, with a brokerage fee of 1%. The company noted that the instrument has a capital protection option.

“In case of a decrease of up to 30%, the investor will receive their invested capital. In case of a stronger correction, the loss will be calculated not from the starting price, but from the protective barrier at 70% of the initial value of the structured bond,” said company representatives.

The most common risks include failure to receive income, reduced liquidity, market downturn, and default.