B3 Exchange to Launch Solana and Ethereum Futures on June 16
Brazilian stock exchange B3 plans to launch futures products for Solana and Ethereum on June 16, 2025. This initiative aims to diversify investment options for institutional investors.
B3's Futures Launch Details
- The approval from the Securities and Exchange Commission (CVM) was secured prior to the announcement.
- The futures contracts will address digital asset custody issues for institutional clients.
- Contracts will be traded in USD at 0.25 ETH and 5 SOL.
- Development of these products took four months.
- Bitcoin futures contract size will decrease from 0.1 BTC to 0.01 BTC to enhance market liquidity.
B3's Crypto Initiatives
- B3 recently launched Brazil’s first XRP-based ETF, the Hashdex Nasdaq XRP Fundo de Índice.
- Last year, B3 partnered with BlackRock to debut a Bitcoin ETF named IBT39.
- These moves reflect B3’s commitment to advancing cryptocurrency adoption in Brazil.