B3 Exchange Launches Options on Bitcoin, Ether, and Solana Futures

Brazil’s B3 stock exchange has introduced options on bitcoin BTC$62,676.14, ether (ETH), and solana (SOL) futures, broadening its regulated crypto derivatives suite.

The contracts became available for trading on July 6, according to a B3 circular. They comprise call and put options on bitcoin futures denominated in Brazilian reais, while ether and solana futures are priced in U.S. dollars.

The options settle into the underlying futures contracts rather than the tokens themselves. B3 clarified that the products do not involve the custody, transfer, or administration of spot cryptoassets.

Trading occurs independently from 9 a.m. to 6:30 p.m. local time, per B3’s derivatives schedule. Exercise is automatic at expiration when the option finishes in the money, unless the holder opts to block exercise.

The new offering provides traders and asset managers with a domestic venue to hedge crypto exposure, trade volatility, and construct structured positions without relying on offshore crypto options markets.

The launch advances B3’s expansion into regulated crypto products, following the listing of bitcoin options, ether and solana futures, and the preparation of bitcoin-linked event contracts.

B3’s bitcoin futures contract is denominated in reais, while its ether and solana futures are denominated in U.S. dollars. All three reference Nasdaq crypto indexes, according to the announcement.

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