Brazil's B3 stock exchange plans to launch Ethereum and Solana futures

2025-05-09 19:42:24

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ChainCatcher news, according to Bitcoin.com, the Brazilian stock exchange B3 announced that it will launch Ethereum and Solana futures contracts on June 16, further expanding its cryptocurrency financial product line. The product has been approved by the Brazilian Securities Commission (CVM) and aims to help institutional investors navigate asset custody challenges and participate more easily in the crypto market.

Unlike existing Bitcoin futures, the ETH and SOL contracts will be denominated in USD, with each contract corresponding to 0.25 ETH and 5 SOL, respectively. At the same time, B3 announced that it will reduce the face value of Bitcoin futures contracts from 0.1 BTC to 0.01 BTC to enhance liquidity and investor participation. The exchange has been preparing these products since February of this year, originally planning to launch them by the end of the year.

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