Brazil's B3 Stock Exchange will launch Ethereum and Solana futures on June 16
2025-05-09 11:38:36
On May 9, according to Bitcoin.com, Brazilian stock exchange B3 announced that it will launch Ethereum and Solana futures contracts on June 16, further expanding its crypto finance product line. The product has been approved by the Brazilian Securities and Exchange Commission (CVM) and is designed to help institutional investors avoid asset custody difficulties and participate more easily in the crypto market. Unlike existing bitcoin futures, ETH and SOL contracts will be denominated in US dollars, each corresponding to 0.25 ETH and 5 SOL. At the same time, B3 announced that the face value of bitcoin futures contracts will be reduced from 0.1 BTC to 0.01 BTC to increase liquidity and investor participation. The exchange has been preparing these products since February this year and originally planned to launch them before the end of the year.
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