Brazilian inventory trade B3 is about to increase 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 come back someday this yr, the trade’s CEO Gilson Finkelsztain informed native media. Bitcoin futures contracts have been added to the trade in April of final yr and have been seeing R$5 billion (round $860 million) in buying and selling quantity monthly, in keeping with native information outlet Valor Investe.
As compared, in keeping with 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 important inventory trade the place dozens of cryptocurrency exchange-traded merchandise are listed together with equities, bonds, and different monetary merchandise.
