PANews May 9 news, according to Bitcoin.com, Brazil's stock exchange B3 announced that it will launch Ethereum and Solana futures contracts on June 16, further expanding its cryptocurrency financial product line. This product has been approved by the Brazilian Securities and Exchange Commission (CVM) and aims to help institutional investors navigate the challenges of asset custody and participate more easily in the cryptocurrency market. Unlike existing Bitcoin futures, the ETH and SOL contracts will be priced in USD, with each contract corresponding to 0.25 ETH and 5 SOL respectively. Meanwhile, B3 announced that 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.
