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Brazil's B3 exchange plans to launch Ether and Solana futures.
According to Mars Finance, B3, the Brazilian stock exchange, announced that it will launch Ethereum and Solana futures contracts on June 16, further expanding its crypto financial product line. The product has been approved by the Brazilian Securities and Exchange Commission (CVM) and aims to help institutional investors avoid asset custody issues and participate more conveniently in the crypto market. Unlike existing Bitcoin futures, the ETH and SOL contracts will be priced in US dollars, with each contract corresponding to 0.25 ETH and 5 SOL, respectively. At the same time, B3 announced 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.