Latin America’s biggest stock exchange just made its boldest crypto move yet. B3, the São Paulo-based exchange that dominates trading across the region, launched options on Bitcoin, Ether, and Solana futures on July 6, completing a derivatives trifecta that took roughly two years to build.
The new contracts trade under the tickers BIT, ETR, and SOL. At expiration, they automatically exercise into the underlying futures positions, meaning traders never have to fumble with spot token custody. Settlement happens either in cash or through the futures contract itself.
What B3 actually built
The options trade independently from 9:00 a.m. to 6:30 p.m. São Paulo time. B3 has enlisted designated market makers to keep bid-ask spreads tight and ensure adequate liquidity.
This launch didn’t happen overnight. B3 introduced Bitcoin futures back in April 2024 with a contract size of 0.1 BTC. Ether and Solana futures followed on June 16, 2025. The options layer is the natural next step, giving traders the ability to construct limited-risk strategies around positions they already understand.
