Brazil B3 will launch Etherum and Solana Future, reduce the size of the contract Bitcoin

The Brazilian main stock exchange, B3, will began offering agreements on the aether and Solani, 16. June, spreading his lists Cripto derivatives outside Bitcoin.

The move It comes after approval from the Brazilian Securities Commission of Brazilian securities and part is expanding pressure to make a digital asset for property more accessible institutional and retail players.

Unlike existing bitcoin (Btc) Futures, which are at the price in Brazilian Reaff, New Etherum (El) and Solana (Salt) Contracts will be denominated in US dollars.

Etherum Contract will be based on 0.25 Eth and Solani contract at 5 salt. They will both use Native’s reference indices and is financially settled on the last Friday each month, according to the company’s notes.

Regulated alternatives

Starting responds to increasing demand for diversified crypto instruments, according to directories of B3’s director Marcos Skisistas, which emphasized the goal of “regulated and secure” alternatives related to the property blocking alternatives.

In addition to starting new contracts, B3 also reduces the size of its Bitcoin Future, the company announced.

Previously set to 0.1 BTC, each contract will now represent 0.01 BTC starting from June 16. The change is intended to improve accessibility, increase liquidity and lower trading.

This move follows the recent debut B3 of the first room of the World Venue XRP ETF, further establishment of exchanging as a leader in regulated crypto investment products. Currently, B3 host nine crypto ETFs managed by Hashdek.