Brazilian stock exchange B3 is set to expand its cryptocurrency offerings with the introduction of bitcoin (BTC) options and futures contracts for ether (ETH) and solana (SOL).
The expanded offerings are set to come sometime this year, the exchange’s CEO Gilson Finkelsztain told local media. Bitcoin futures contracts were added to the exchange in April of last year and have been seeing R$5 billion (around $860 million) in trading volume per month, according to local news outlet Valor Investe.
In comparison, according to Brazilian cryptocurrency market monitor Biscoint, traditional cryptocurrency exchanges saw a total trading volume of R$6.66 billion (roughly $1.13 billion) in the first month of the year.
B3 is Brazil’s main stock exchange where dozens of cryptocurrency exchange-traded products are listed along with equities, bonds, and other financial products.
Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]
Wallet data shows the Royal Government of Bhutan moving bitcoin to trading firms and exchanges…
During Asian trading hours, BTC hit a low of $69,101 on Bitstamp.Read MoreCoinDesk: Bitcoin, Ethereum,…
The decline followed sharp losses in Asian and U.S. tech shares, where concerns over peaking…
It is the same setup Michael Burry warned about this week, when he said falling…
The Bitcoin drawdown below $75,000 has market participants debating a familiar question: how long does…
On-chain data points to fading demand and tighter liquidity, while prediction markets show little expectation…