Ethereum and Solana futures receive Brazilian approval: Take note of the significant upcoming event date
Brazil Leads the Way in Latin America's Crypto Derivatives Market
Brazil's main stock exchange, B3, has made history by officially beginning the trading of Ethereum and Solana futures contracts on June 16, 2025. This move marks a significant milestone for the Brazilian financial market, responding to the growing demand for cryptocurrency investment alternatives.
The Securities and Exchange Commission (CVM) has given the green light for the launch of these futures, making Brazil the first country in Latin America to provide regulated futures contracts on these major cryptocurrencies.
The Ethereum futures contract will have a size of 0.25 ETH, while the Solana futures contract will be 5 SOL. Both contracts will be denominated in US dollars and settled based on market price variations, with monthly expirations on the last Friday of each month. They will also reference the Nasdaq Ether Reference Price and Nasdaq Solana Reference Price indices, ensuring alignment with international standards.
The CVM's authorization for the launch of Ethereum and Solana futures on the B3 exchange is a testament to Brazil's advanced regulatory approach and adaptability, making the country a main reference for the region in the field of digital assets.
To ensure liquidity and orderly trading, B3 has extended a pilot program requiring accredited market makers to maintain purchase and sale offers under specific operating parameters. Market makers have a 10-business-day grace period from program start for technological testing without performance compliance, but must inform B3 in advance.
B3 has also instituted programs encouraging nonresident traders to participate by offering fee exemptions and simplified registration processes, supporting deeper market engagement and international connectivity.
By launching regulated Ethereum and Solana futures, Brazil's B3 enhances the crypto derivatives ecosystem in Latin America. This expansion of trading opportunities brings institutional-grade regulatory oversight, bolstering Brazil’s position as the leading regulated hub for crypto derivatives in the region.
This regulatory and market infrastructure advancement significantly elevates Brazil’s role as a pioneering crypto derivatives marketplace in Latin America. The CVM's action strengthens confidence in the national crypto ecosystem by allowing the B3 exchange to offer these contracts.
For those interested in learning more about these major cryptocurrencies, our Academy website offers a new basic level course where you will learn everything you need to know about Ethereum, Solana, and other important cryptocurrencies currently available.
It's worth noting that the Securities and Exchange Commission (SEC) of the United States has also authorized the listing of Solana futures contracts on the Chicago Mercantile Exchange (CME) in March of this year. In April, the SEC authorized the launch of futures based on XRP, expanding the regulated offer of cryptocurrency derivative products in the United States.
The arrival of Ethereum and Solana futures complements other products already available in Brazil, such as Bitcoin, Ethereum, and Solana ETFs. This diversification of products in the Brazilian market responds to the increasing sophistication in the local market and the growing interest in cryptocurrencies as a viable investment option.
In conclusion, the launch of Ethereum and Solana futures on B3 is a significant step forward for Brazil's integration with global digital asset markets. It advances Brazil’s ambition to become a crypto-friendly financial center, encouraging both domestic and international investors and supporting broader adoption and innovation in digital asset markets.
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