Brazil’s B3 Stock Exchange Bets Big on Crypto: ETH and SOL Futures Launch This June

Latin America’s largest stock exchange just doubled down on crypto—whether traditional finance likes it or not.

B3’s move signals a tectonic shift: institutional players can no longer ignore Ethereum and Solana’s market dominance. Expect leveraged bets, volatility spikes, and at least one hedge fund blaming losses on ’unregulated assets.’

Funny how futures contracts—the very tool Wall Street uses to tame risk—now legitimize the assets they once called ’tulip mania.’

SOL and ETH futures to be traded in US dollar

Unlike Bitcoin futures, these contracts will be traded in US dollars at prices of 0.25 ETH and 5 SOL, respectively. They will also be referenced to the Nasdaq Ether Reference Price and Nasdaq Solana Reference Price indices.

Marcos Skistymas, product director at B3, said these products were important for the stock market because they give customers “regulated and secure” crypto instruments. 

He said, “B3 makes new cryptocurrency derivatives instruments available to meet the growing demand for products linked to crypto assets, bringing more innovation and sophistication to our products, in addition to offering more alternatives to investors familiar with blockchain technology.”

Also, the stock exchange announced a drop in Bitcoin futures contract prices, which the CVM had previously approved. Prices for these contracts, which are now at 0.1 BTC, will be decreased to 0.01 BTC. This will make them more accessible to investors, boost market liquidity, and lower trading costs. This comes after the recent rise in Bitcoin’s price which is back to the 100k level.

Now,  with the launch of ethereum and Solana futures, as well as involvement in DREX trials and market transparency powered by blockchain, Brazil is getting ready for a more structured and institutionalized crypto ecosystem.

This means better trade tools for investors, more control over their crypto assets, and a future where digital finance and traditional markets work together without any problems.

B3 hosts several crypto ETFs.

B3 has become the place to go for launching new crypto-based investment goods. It is becoming a stronger player in Brazil’s digital finance industry. 

As of late last month, B3 launched the Hashdex Nasdaq XRP Fundo de Índice (XRPH11), which is the first spot XRP ETF in the world. The ETF keeps an eye on the spot price of XRP, which is Ripple’s cryptocurrency and invests at least 95% of its net assets in XRP and other connected assets.

B3 offers a number of other crypto-related ETFs handled by Hashdex in addition to the XRP ETF. These include ETFs linked to Bitcoin (BITH11), Ethereum (ETHE11), and Solana (SOLH11).

Hashdex launched nine crypto ETFs on B3. This means that institutional and advanced investors in Brazil can now choose from a wider range of controlled digital asset investment products.

Meanwhile, the crypto market is moving strongly upward. According to on-chain data, bitcoin has gone up 4% in the last 24 hours to about $103,000. Ether has gone up an amazing 20% to $2,300, and Solana has gone up 11% to $172.

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