Russian households have invested approximately 3.7 billion rubles ($47.3 million) in cryptocurrency derivatives, according to the Central Bank of Russia's Financial Stability Assessment report. The report, covering the second and third quarters of 2025, indicates that while domestic investment in crypto derivatives is rising, it does not threaten the financial system. Investments include Russian bonds linked to digital asset values and futures contracts on the Moscow Exchange, with most individual portfolios remaining under 500,000 rubles ($6,400). The report also highlights that a few large investors hold positions exceeding 100 million rubles ($1.28 million), contributing significantly to the total investment. Additionally, trading volume by Russian citizens on foreign cryptocurrency exchanges fell by 18% compared to the previous two quarters, suggesting a shift towards domestic markets.