B3 Launches Ethereum and Solana Futures, Expands Crypto Offerings
Brazil’s stock exchange, B3, marked the launch of Ethereum and Solana futures contracts with a bell-ringing ceremony on Monday, the 16th. These new alternative cryptocurrency futures are now available for trading. Market makers are participating from the start, providing liquidity and ensuring reliable price discovery.
The Ethereum and Solana futures are quoted in US dollars and are benchmarked against the Nasdaq Ether Reference Price and the Nasdaq Solana Reference Price, respectively. This is good news for investors.
“With the launch of Ethereum and Solana futures contracts, two of the most relevant crypto assets in the global market, B3 is solidifying its position as a comprehensive and secure platform for trading this type of asset,” says Felipe Gonçalves, Superintendent of Products, Interest Rates, and Currencies at B3. “This evolution is also a response to the success of Bitcoin futures, which, in just over a year since its launch, already trades above 20 billion reais per day, in addition to the portfolio of crypto ETFs, which now includes 21 strategies across various cryptocurrencies.”
Bitcoin Futures Contract Size to Change
Recently, the CVM (Brazilian Securities and Exchange Commission) approved a reduction in the size of the Bitcoin futures contract by a factor of ten. This change aims to make the product more accessible and encourage more investors to participate. This is a positive step for the market.
Effective June 16, 2025, the Bitcoin futures contract will be worth 0.01 Bitcoin (approximately R$ 6,000). Previously, it was equivalent to 0.1 Bitcoin, exceeding R$ 60,000. The smaller contract size should increase liquidity and reduce trading costs.
Furthermore, since May 8th, investors in the United States have gained access to two new products listed on B3: Bitcoin futures and Bitcoin Futures Rollover. This expansion broadens the reach of B3’s crypto offerings.
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