B3 Launches Ethereum Solana Futures Contracts in US Dollars

B3, Brazil’s largest stock exchange, has announced the launch of futures contracts for Ethereum (ETH) and Solana (SOL), marking a significant expansion of its regulated cryptoasset portfolio. This move comes as demand for blockchain-based financial products continues to grow, positioning Brazil as a leader in the region’s crypto finance sector.

The new derivatives contracts are priced in US dollars and reference the Nasdaq Ether and Nasdaq Solana Reference Prices. This development underscores Brazil’s commitment to integrating regulated cryptocurrency products within its traditional financial infrastructure, providing advanced tools for both institutional and retail investors.

Each ETH futures contract represents 0.25 Ethereum units, while each SOL contract corresponds to 5 Solana tokens. Settlements will occur monthly, on the final Friday of each month. Unlike B3’s existing Bitcoin futures contracts, which are denominated in Brazilian reais, the new products are designed for investors familiar with international markets and US dollar-denominated instruments.

While Ethereum and Solana futures may not surpass Bitcoin contracts in terms of trading volume, B3 anticipates strong and diverse acceptance. The exchange aims to offer professional and institutional traders greater flexibility in designing strategies that combine multiple cryptoassets, such as arbitrage and hedging between correlated coins.

In addition to the launch of ETH and SOL futures, B3 has also modified its Bitcoin futures offering. The contract size has been reduced from 0.1 BTC to 0.01 BTC, making Bitcoin futures more accessible to retail and small-scale investors. This change, approved by Brazil’s securities regulator, is expected to increase retail engagement in regulated cryptocurrency derivatives, which B3 believes has significant untapped potential.

Looking ahead, B3 has plans to expand its crypto derivatives offerings beyond Ethereum and Solana. Felipe Gonçalves, head of products at the exchange, has indicated that futures contracts for other prominent altcoins, such as XRP, BNB, and Dogecoin, are being considered for launch in 2026. This expansion aligns with the growing demand for regulated and innovative crypto assets from both retail and institutional investors.

B3’s efforts are supported by broader trends in Brazil’s cryptocurrency industry. The exchange currently lists 19 cryptocurrency-related ETFs, and trading volumes for Bitcoin derivatives have been increasing. These metrics suggest a growing appetite for regulated crypto assets, allowing traders to develop more complex strategies involving long and short bets across multiple cryptocurrencies.

However, Gonçalves emphasized that the expansion will be gradual and responsible, depending on liquidity and market acceptance. By targeting a broader investor base and adopting global pricing standards, B3 is positioning itself as a leader in regulated crypto financing in emerging markets.