"This has been a very convenient place to hold money, not only for Russian companies but for foreign companies doing business in Russia, " said Andrey Goltsblat, a lawyer at Moscow's Goltsblat BLC.
According to the ETF Finder at ETF Channel, BLC makes up 3.01% of the Dynamic Media Portfolio ETF ( AMEX: PBS )which is trading lower by about 0.8% on the day Monday.