Brasil, Bolsa e Balcão (B3) has announced that it will list two more cryptocurrency futures contracts, one for Ethereum (ETH) and the other for Solana (SOL). The products are expected to be available to investors from June 16, 2025.
With this, B3 gains a new investment option for futures contracts in the crypto market. Previously, only Bitcoin (BTC) had such a product on the Brazilian stock exchange.
The news came after approval from the Securities and Exchange Commission (CVM), which authorized the launch of the two new contracts.
A year after bitcoin, the Brazilian stock exchange gets approval to list two more cryptocurrency futures contracts
B3 is one of the pioneering stock exchanges in the cryptocurrency market. This is because the listing of several BDRs associated with the market are already among the options available to investors.
In addition, B3 has launched several ETFs of cryptocurrencies in recent years, of bitcoin, ethereum and others.
Now, the arrival of two more futures contracts shows a greater capacity for diversification for investors interested in altcoins. In March 2024, for example, B3 listed its first product of this type with bitcoin.
“B3 makes new cryptocurrency derivative 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 price variations of digital assets, in a regulated and safe manner“, said Marcos Skistymas, Director of Products at B3.
Altcoin futures contracts will be quoted in US dollars
B3 also announced that the Bitcoin Future is a product traded in Brazilian Real. However, the Solana and Ethereum futures contracts will be quoted in US dollars.
The new products will use the Nasdaq Ether Reference Price and Nasdaq Solana Reference Price indices as a reference.
Thus, the Ethereum contract will have a size of 0.25 ether. Solana’s has a size of 5 SOL. The contracts will expire on the last Friday of each month.
Changes to the bitcoin futures contract
Another modification approved by the CVM in the market is the reduction in the size of the bitcoin futures contract, by ten times. Thus, the Bitcoin Future contract, which is equivalent to 0.1 BTC, will reduce to 0.01 BTC, from June 16, 2025.
According to a note from the exchange, the reduction makes the product more accessible and available to more investors. In addition, it may increase the product’s liquidity, with reduced trading costs.
