Brazil’s B3 Stock Exchange to Launch Ethereum and Solana Futures Contracts in June
- Ethereum and Solana Futures Contracts Coming in June
- Brazil's B3 stock exchange expands its operations in cryptocurrencies
- Bitcoin contract size reduction eases access
B3, Brazil's main stock exchange, announced which will begin trading Ethereum (ETH) and Solana (SOL) futures contracts starting June 16, 2025. The new development expands the institution's portfolio of financial products aimed at the cryptocurrency sector, focusing on institutional investors seeking exposure to the market without the need to directly hold the assets in custody.
Unlike the Bitcoin futures contract, which is currently traded in Brazilian reais, the new Ethereum and Solana derivatives will be settled in US dollars. Each ETH contract will represent 0,25 units of the currency, while the SOL contracts will be sized at 5 units. Maturities will occur on the last Friday of each month, with financial settlement based on market price fluctuations.
B3's Product Director, Marcos Skistymas, highlighted that the expansion meets the growing demand for alternatives linked to cryptocurrencies:
“B3 makes new cryptocurrency derivatives instruments available to meet the growing demand for products linked to crypto assets, bringing more innovation and sophistication to our products, in addition to offering more alternatives to investors familiar with blockchain technology against the price variation of digital assets, in a regulated and secure manner.”
Along with the launch, the size of Bitcoin futures contracts will be reduced from 0,1 BTC to 0,01 BTC. The change aims to facilitate access to this type of product for a wider audience, in addition to contributing to increasing market liquidity.
In recent months, B3 has been expanding its presence in the cryptocurrency market. Among the initiatives, the listing of the first XRP-based ETF in the country and the partnership with major asset managers to bring funds linked to Bitcoin stand out. The stock exchange's actions indicate a consistent movement to adapt to the new demands of the digital asset market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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