Brazilian inventory change B3 is ready to develop its cryptocurrency choices with the introduction of bitcoin (BTC) choices and futures contracts for ether (ETH) and solana (SOL).
The expanded choices are set to return someday this yr, the change’s CEO Gilson Finkelsztain advised native media. Bitcoin futures contracts had been added to the change in April of final yr and have been seeing R$5 billion (round $860 million) in buying and selling quantity per 30 days, based on native information outlet Valor Investe.
As compared, based on Brazilian cryptocurrency market monitor Biscoint, conventional cryptocurrency exchanges noticed a complete buying and selling quantity of R$6.66 billion (roughly $1.13 billion) within the first month of the yr.
B3 is Brazil’s essential inventory change the place dozens of cryptocurrency exchange-traded merchandise are listed together with equities, bonds, and different monetary merchandise.