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24X says institutions will face Standard Chartered on new BTC and ETH prime-brokerage trades, while the Bermuda venue handles matching and processing; the operating rollout is not fully quantified.
Gross accounting for Bitcoin sales made the category look sixteen times larger on revenue share than on retained gross profit.
Bitcoin, Ether and USDT will be available to non-qualified investors under the new framework from 17 November. Purchases are capped at ₽300,000 a year through each intermediary and require investor testing.
The launch provides monthly European-style options through GC Exchange Limited; OTC quote access and seller risks differ from a retail exchange orderbook.
Initial access is intended for eligible futures customers, with broader availability targeted before year-end. KalshiEX would provide the venue and Kalshi Klear the clearing route.
The fund receives an exemption from normal diversification requirements. BIT’s risk disclosure also permits temporary borrowing to meet liquidity shortages, potentially lifting exposure to 125% of net assets.
The trustee moved the deadline for three named repayment categories to 31 October 2027 with court permission. Account and receiving-exchange procedures still govern individual payments.