Brazil’s B3 exchange has revealed options on bitcoin ether (ETH) and solana (SOL) futures, expanding its regulated crypto derivatives.
The contracts became available for trading 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.
The options settle in the underlying futures contracts, not the tokens themselves. B3 said the products do not involve custody, transfer or administration of spot crypto assets.
The contracts trade independently from 9:00 a.m. to 18.30 local time according to B3’s derivatives trading plan. Exercise is automatic at expiration, when the option ends in the money, unless the holder blocks exercise.
The offering provides traders and asset managers with a local venue to hedge crypto exposure, trade volatility and build structured positions without using offshore crypto options markets.
It adds another instrument to B3’s push into regulated crypto products after the exchange moved to list bitcoin options and ether and solana futures and later 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 refer to Nasdaq crypto indices, according to the announcement.
