Kazakhstan's Bitcoin futures ETF records 34,000 trades worth $45.8M in 1H26

BAKU, Azerbaijan, September 15. A total of 34,000 trades worth 20.5 billion tenge ($45.8 million) were made in the Bitcoin futures exchange-traded fund (ETF) in Kazakhstan in the first half of 2026, Chairman of the National Bank of Kazakhstan Timur Suleimenov said at a government meeting.

This was announced by the government's press service.

Another 650 trades worth 1 billion tenge ($2.2 million) were made in the first half of 2026 through new ETFs covering three crypto assets, Suleimenov said.

According to him, Kazakhstan's digital assets market is moving from pilot projects to licensed operations. The Kazakhstan Stock Exchange (KASE) has received the status of an operator of a digital financial assets platform and a digital assets trading platform.

Three licensed operators of unsecured digital asset exchanges are currently operating in Kazakhstan, with their combined turnover reaching around 2 billion tenge ($4.5 million) in the first two months. Another five companies are undergoing licensing, Suleimenov said.

Infrastructure for the custody of digital assets is also being developed, while opportunities to use digital assets for payments are expanding.

"Crypto-fiat services are expanding. Non-bank payment providers are joining the servicing of transactions. Crypto cards, crypto QR and crypto acquiring are already available. Thus, extensive work has been carried out in a short period and a full-fledged market infrastructure has been formed. Its key elements are already operational," Suleimenov said.