Golden Finance reported that Russian retail brokerage firm Finam will launch an investment product pegged to BlackRock iShares Bitcoin Trust ETF (IBIT) on February 17, giving qualified Russian investors the opportunity to access spot Bitcoin ETFs for the first time. Finam’s upcoming IBIT bonds will be denominated in Russian rubles and yields will be calculated in USD equivalent based on the exchange rate of the Russian Central Bank. If the price of the Bitcoin ETF at the time of the note expires is at least one basis point higher than the price at the time of the product being launched, investors will receive a US dollar yield of up to 20%.