Brazil’s B3 exchange introduces options on BTC, ETH, SOL futures
The post Brazil’s B3 exchange introduces options on BTC, ETH, SOL futures appeared on BitcoinEthereumNews.com. Brazil’s B3 stock exchange has unveiled options on bitcoin BTC$62,673.42, ether (ETH) and solana (SOL) futures, expanding its regulated crypto derivatives offerings. The contracts bec+ame available for trading on July 6, according to a B3 circular. They include call and put options on bitcoin futures denominated in Brazilian reais, while ether and solana futures are denominated in U.S. dollars. The options settle into the underlying futures contracts, not the tokens themselves. 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, according to B3’s derivatives trading schedule. Exercise is automatic at expiration when the option finishes in the money, unless the holder blocks exercise. The offering gives traders and asset managers a local venue to hedge crypto exposur