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Brazil's B3 Stock Exchange will launch Ethereum and Solana futures on June 16 "

On May 9, according to Bitcoin.com, Brazilian Stock Exchange B3 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 challenges and more easily participate in the crypto market. Unlike existing Bitcoin futures, ETH and SOL contracts will be denominated in US dollars, with each contract corresponding to 0.25 ETH and 5 SOL respectively. At the same time, B3 announced that it would reduce the face value of bitcoin futures contracts from 0.1 BTC to 0.01 BTC to increase liquidity and investor participation. The exchange has been preparing these products since February this year and originally planned to launch them before the end of the year.

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