Brazil's B3 stock exchange is set to launch Ethereum ($ETH) and Solana ($SOL) futures contracts on June 16, 2025, following approval from the Brazilian Securities and Exchange Commission (CVM). This move aims to provide regulated and secure crypto investment options for institutional investors.
*Key Details:*
- *Contract Specifications:*
- *Ethereum Futures:* 0.25 $ETH ETH per contract, USD-denominated, and referenced to the Nasdaq Ether Reference Price index.
- *Solana Futures:* 5 $SOL SOL per contract, USD-denominated, and referenced to the Nasdaq Solana Reference Price index.
- *Purpose:* To offer investors a way to engage with blockchain assets without directly holding cryptocurrencies, addressing custody and security concerns.
- *Additional Changes:* B3 is also reducing the size of its Bitcoin futures contracts from 0.1 BTC to 0.01 $BTC BTC to increase market liquidity and accessibility.
This development is part of B3's efforts to expand its crypto derivatives lineup and establish itself as a leader in regulated crypto investment products in Brazil. The exchange has already launched nine crypto ETFs managed by Hashdex, including the world's first spot XRP ETF ¹ ² ³.
