Brazil’s B3 stock exchange has revealed options on bitcoin ether (ETH) and solana (SOL) futures, expanding their regulated crypto derivatives offerings.
The contracts were available for negotiation on July 6, according to a B3 circular. They include call and put options on bitcoin futures denominated in Brazilian reals, while ether and solana futures are denominated in US dollars.
Options sit on the underlying futures contracts, not the tokens themselves. B3 said the products do not involve spot custody, transfer or management of crypto assets.
Contracts are traded independently from 9am to 6:30pm local time, depending on B3 derivatives trading hours. Exercise is automatic at expiration when the option ends in the money, unless exercise is blocked by the holder.
The offering gives traders and asset managers a local place to hedge cryptocurrency exposure, trade volatility, and create structured positions without using offshore crypto options markets.
It adds another instrument to B3’s push toward regulated crypto products, after the exchange moved to listing bitcoin options and ether and solana futures and then prepared bitcoin-linked event contracts.
B3’s bitcoin futures contract is denominated in reais. Its ether and solana futures are denominated in US dollars. All three reference the Nasdaq crypto indices, according to the announcement.
