Brazilian Stock Exchange Launches USD-Backed Ethereum and Solana Futures!

Updated

June 17, 2025

Gambar Brazilian Stock Exchange Launches USD-Backed Ethereum and Solana Futures!

Jakarta, Pintu News – Global financial markets have just witnessed a major move from Brazil in the crypto industry. B3, Brazil’s leading stock exchange, has started trading futures contracts for Ethereum and Solana , marking the first step in their plans to offer a range of altcoin futures contracts.

In addition, B3 has also modified its existing Bitcoin futures contract to attract more retail investors in the country.

Check out the full information here!

New Altcoin Futures Contract in Brazil

Two months ago, B3 stole the show by becoming the first exchange to offer a Ripple ETF. This success was supported by regulatory developments in Brazil, which has ambitions to become a global crypto hub.

Today, B3 expanded its presence in the market by launching futures contracts based on Ethereum (ETH) and Solana (SOL). Marcos Skistymas, Product Director of B3, stated that the launch of these new crypto derivatives aims to meet the growing demand for crypto-asset related products, bring innovation and sophistication to their products, as well as provide more alternatives for investors who are familiar with blockchain technology.

Although Brazil is not the first country to offer these altcoin-based futures contracts, B3’s presence in this market is still important. B3 plans to offer similar contracts for other popular tokens in the near future if this proves successful.

Ethereum (ETH) and Solana (SOL) futures contracts will be based on the prices of Nasdaq-listed assets. Each ETH contract will be worth 0.25% of the token, while each Solana futures contract will represent five SOLs.

Product Strategy and Adjustment

brasil crypto regulation — Source: Forbes India

These contracts will be priced in US dollars to attract international investors, with settlement occurring on the last Friday of each month. In addition, B3 also announced adjustments to its existing Bitcoin (BTC) futures contracts, where each share will be worth 0.01 BTC instead of 0.1.

By making Bitcoin (BTC) futures contracts ten times cheaper, the exchange hopes to attract more retail investors in Brazil. This is in contrast to the internationally-focused strategy of their new altcoin product.

Tax Impact and Future Expectations

However, Brazil’s small crypto investor demographic has recently seen an increase in tax rates, potentially affecting B3 futures contracts. While these products are not directly crypto investments, the new tax also applies to indirect financial involvement.

Hopefully this will not be a major obstacle in the future. B3 remains optimistic that their innovations and adjustments will continue to attract investor interest and participation, both local and international.

Conclusion

With this strategic move, B3 not only strengthens its position in the global market, but also helps position Brazil as a key player in the global crypto ecosystem. Going forward, the eyes of the world will continue to watch how Brazil develops its domestic crypto market and its impact on the global economy.

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*Disclaimer

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