Brazilian Stock Exchange B3 is set to expand its cryptocurrency offering with the introduction of Ether (ETH) and Solana (SOL) Bitcoin (BTC) options and futures contracts.
The expanded product is expected to arrive later this year, Exchange CEO Gilson Finkelsztain told local media. Bitcoin futures contracts were added to the exchange last April, showing trading volumes of $5 billion (approximately $860 million) per month, according to local news outlet Valor Investe.
In comparison, traditional cryptocurrency exchanges saw total trading volumes of $66.6 billion (approximately $1.13 billion) in the first month of the year, according to Biscott, a Brazilian cryptocurrency market monitor.
B3 is Brazil’s leading stock exchange, with products traded on dozens of cryptocurrency exchanges listed along with stocks, bonds and other financial products.
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