
Bitcoin.com News|May 09, 2025 10:31
Exciting news from the Brazilian Stock Exchange (B3)! They’re set to launch ether and solana futures contracts on June 16, expanding their crypto investment offerings for eager investors! 🇧🇷
Approved by the Brazilian Securities and Exchange Commission (CVM), these new products aim to simplify entry into the crypto market for institutions, eliminating the hassle of asset custody—a common pain point for smaller companies.
Marcos Skistymas, B3's product director, emphasized the importance of providing "regulated and secure" crypto instruments, catering to the growing demand for innovative products linked to blockchain technology.
Unlike bitcoin futures, these contracts will be traded in U.S. dollars, priced at 0.25 ETH and 5 SOL. Plus, B3 is reducing the price of its bitcoin futures contracts from 0.1 BTC to just 0.01 BTC, making them more accessible and boosting market liquidity!
B3 is quickly becoming a leader in crypto innovation, having launched the first XRP-based ETF in April. What do you think about these developments? Let us know your thoughts! 👇
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