B3 Stock Exchange Launches Options on Bitcoin, Ether, and Solana Futures

Brazil's B3 stock exchange has expanded its offerings to include options on Bitcoin (BTC), Ether (ETH), and Solana (SOL) futures, providing a regulated market for traders and asset managers.

The contracts became available for trading on July 6, according to a B3 circular. They are denominated in Brazilian reais for Bitcoin futures and US dollars for Ether and Solana futures. 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 cryptocurrencies. Exercise is automatic at expiration when the option finishes in the money, unless the holder blocks exercise.