Russia Opens Bitcoin Trading, but Its Biggest Exchange Is Under US Sanctions
Published . Updated .
Key takeaways
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Get these market calls by email
The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.
Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.
Russia opens Bitcoin trading Nov. 22, but its biggest exchange is under US sanctions. See what that means for Russian buyers.
Directly affected
- No company is named in this report.
Indirectly affected
- IBIT iShares Bitcoin Trust-8.0% 30d
iShares Bitcoin Trust: it follows bitcoin. Linked by “bitcoin” (crypto) in this story.
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “russia” (oil) in this story.
- UNG United States Natural Gas Fund-13.5% 30d
United States Natural Gas Fund: it follows natural-gas prices. Linked by “russia” (natural gas) in this story.
- COIN Coinbase Global-29.1% 30d
Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.
- MSTR Strategy-16.4% 30d
Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.
- MARA MARA Holdings-34.5% 7d
MARA Holdings (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.
- RIOT Riot Platforms-10.1% 30d
Riot Platforms (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.
- XOM ExxonMobil Holdings-2.7% 17d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “russia” (oil) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| IBIT | +8.70% | +2.84% | base | -0.06% | after close | after close | after close |
| USO | +2.78% | +4.95% | base | +1.23% | after close | after close | after close |
| UNG | -10.81% | -10.24% | base | +1.73% | after close | after close | after close |
| COIN | +14.70% | +1.98% | base | +4.25% | after close | after close | after close |
| MSTR | +17.71% | +6.57% | base | +1.74% | after close | after close | after close |
| MARA | -6.39% | -13.67% | base | +6.80% | after close | after close | after close |
| RIOT | -14.90% | -7.60% | base | +4.31% | after close | after close | after close |
| XOM | +3.07% | +0.89% | base | +1.10% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Russia Opens Bitcoin Trading, but Its Biggest Exchange Is Under US Sanctions Yahoo Finance
Source: Yahoo Finance
Price since this story was published: iShares Bitcoin Trust ETF (IBIT)
| Company | When | Move | Status |
|---|---|---|---|
| Coinbase Global (COIN) | that day | +4.25% | still updating |
| Coinbase Global (COIN) | three days earlier | +1.98% | final price |
| Coinbase Global (COIN) | five days earlier | +14.70% | final price |
| iShares Bitcoin Trust ETF (IBIT) | that day | -0.06% | still updating |
| iShares Bitcoin Trust ETF (IBIT) | three days earlier | +2.84% | final price |
| iShares Bitcoin Trust ETF (IBIT) | five days earlier | +8.70% | final price |
| MARA Holdings (MARA) | that day | +6.80% | still updating |
| MARA Holdings (MARA) | three days earlier | -13.67% | final price |
| MARA Holdings (MARA) | five days earlier | -6.39% | final price |
| Strategy (MSTR) | that day | +1.74% | still updating |
| Strategy (MSTR) | three days earlier | +6.57% | final price |
| Strategy (MSTR) | five days earlier | +17.71% | final price |
| Riot Platforms (RIOT) | that day | +4.31% | still updating |
| Riot Platforms (RIOT) | three days earlier | -7.60% | final price |
| Riot Platforms (RIOT) | five days earlier | -14.90% | final price |
| United States Natural Gas Fund (UNG) | that day | +1.73% | still updating |
| United States Natural Gas Fund (UNG) | three days earlier | -10.24% | final price |
| United States Natural Gas Fund (UNG) | five days earlier | -10.81% | final price |
| United States Oil Fund (USO) | that day | +1.23% | still updating |
| United States Oil Fund (USO) | three days earlier | +4.95% | final price |
| United States Oil Fund (USO) | five days earlier | +2.78% | final price |
| ExxonMobil Holdings (XOM) | that day | +1.10% | still updating |
| ExxonMobil Holdings (XOM) | three days earlier | +0.89% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | +3.07% | final price |
Congressional trades in the stocks in this story
- Rep. Rohit Khanna bought Coinbase Global (COIN) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 68 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Gilbert Cisneros sold Coinbase Global (COIN), worth $1,001 - $15,000 on 18 Aug 2026. That is 85 days before publication. Filed 10 Sep 2026. View the filing.
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 28 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 72 days before publication. Filed 25 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around iShares Bitcoin Trust ETF (IBIT)
Companies tied to this story
- IBIT iShares Bitcoin Trust ETF
For “Russia Opens Bitcoin Trading, but Its Biggest Exchange Is Under US Sanctions,” iShares Bitcoin Trust ETF (IBIT) is linked, with no stored direction, medium confidence. Reason on file: iShares Bitcoin Trust: it follows bitcoin. Linked by “bitcoin” (crypto) in this story
- USO United States Oil Fund
United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Russia Opens Bitcoin Trading, but Its Biggest Exchange Is Under US Sanctions.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “russia” (oil) in this story
- UNG United States Natural Gas Fund
In “Russia Opens Bitcoin Trading, but Its Biggest Exchange Is Under US Sanctions,” United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence. Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “russia” (natural gas) in this story
- COIN Coinbase Global
For “Russia Opens Bitcoin Trading, but Its Biggest Exchange Is Under US Sanctions,” Coinbase Global (COIN) is linked, with no stored direction, medium confidence. Reason on file: Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story
- MSTR Strategy
Strategy (MSTR) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Russia Opens Bitcoin Trading, but Its Biggest Exchange Is Under US Sanctions.” Reason on file: Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story
- MARA MARA Holdings
For “Russia Opens Bitcoin Trading, but Its Biggest Exchange Is Under US Sanctions,” MARA Holdings (MARA) is linked, with no stored direction, medium confidence. Reason on file: MARA Holdings (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story
- RIOT Riot Platforms
Riot Platforms (RIOT) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Russia Opens Bitcoin Trading, but Its Biggest Exchange Is Under US Sanctions.” Reason on file: Riot Platforms (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story
- XOM ExxonMobil Holdings
ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Russia Opens Bitcoin Trading, but Its Biggest Exchange Is Under US Sanctions.” Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “russia” (oil) in this story
iShares Bitcoin Trust ETF (IBIT)
The 11 Nov 2026 story “Russia Opens Bitcoin Trading, but Its Biggest Exchange Is Under US Sanctions” names iShares Bitcoin Trust ETF (IBIT) because of this story.
For iShares Bitcoin Trust ETF (IBIT), the reason on file says iShares Bitcoin Trust: it follows bitcoin. Linked by “bitcoin” (crypto) in this story
Also listed, United States Oil Fund (USO): United States Oil Fund: its price follows crude oil. Linked by “russia” (oil) in this story
The price range for iShares Bitcoin Trust ETF (IBIT), and the dates in the story
IBIT traded between 43.03 and 48.07 across 20 sessions. The latest close on file is 44.03. UNG traded between 8.95 and 11.43 across 20 sessions. The latest close on file is 9.34. USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 148.41.
What the saved facts support for iShares Bitcoin Trust ETF (IBIT)
46 out of 100Price not final
“Russia Opens Bitcoin Trading, but Its Biggest Exchange Is Under US Sanctions” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.