According to Cointelegraph, Russian retail brokerage Finam will launch an investment product linked to the BlackRock iShares Bitcoin Trust ETF (IBIT) on February 17th, giving qualified Russian investors the first opportunity to access spot Bitcoin ETFs. The IBIT bonds to be issued by Finam will be denominated in Russian rubles, and the yield will be calculated based on the exchange rate of the Russian Central Bank in US dollars. If the price of a Bitcoin ETF is at least one basis point higher than the price at the time of product launch when the notes mature, investors will receive a USD yield of up to 20%. The minimum investment amount is 200000 rubles, which is approximately 2200 US dollars at the time of writing this article. The brokerage commission is 1% (calculated in rubles). In addition, Finam also plans to launch more similar products linked to Ethereum spot ETFs.