Brazil’s B3 exchange has launched options on bitcoin, ether and solana futures, expanding its regulated crypto derivatives lineup. The contracts settle into futures rather than spot tokens, giving local market participants a way to manage exposure without handling crypto custody.
Brazil’s B3 exchange has launched options on bitcoin, ether and solana futures, expanding its regulated crypto derivatives lineup. The contracts settle into futures rather than spot tokens, giving local market participants a way to manage exposure without handling crypto custody.
The development matters because it gives traders and asset managers a local regulated venue to hedge crypto exposure, trade volatility and structure positions without relying on offshore crypto options markets. For institutions that operate under custody, compliance or operational limits, settlement into futures contracts can be materially different from handling spot tokens.
Brazil’s B3 stock exchange has introduced options on bitcoin, ether and solana futures, with trading available from July 6, according to a B3 circular cited by CoinDesk. The launch expands the exchange’s regulated crypto derivatives offering in Brazil, adding call and put options tied to futures contracts rather than the underlying cryptoassets themselves.
The development matters because it gives traders and asset managers a local regulated venue to hedge crypto exposure, trade volatility and structure positions without relying on offshore crypto options markets. For institutions that operate under custody, compliance or operational limits, settlement into futures contracts can be materially different from handling spot tokens.
According to the report, the bitcoin options are based on futures denominated in Brazilian reais, while ether and solana futures are denominated in U.S. dollars. B3 said the products do not involve custody, transfer or administration of spot cryptoassets.
The contracts trade independently from 9 a.m. to 6:30 p.m. local time. Exercise is automatic at expiration when an option finishes in the money, unless the holder blocks the exercise.
The launch adds to B3’s broader push into regulated crypto products. CoinDesk reported that the exchange had previously moved to list bitcoin options and ether and solana futures, and later prepared bitcoin-linked event contracts. All three futures reference Nasdaq crypto indexes, according to the announcement cited in the report.
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