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The Brazilian Stock Exchange will launch Bitcoin and Ethereum futures

Cryptocurrency May 16, 2022 02:00PM ET
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The Brazilian Stock Exchange will launch Bitcoin and Ethereum futures

B3, the Brazilian Stock Exchange, confirmed that within six months it intends to launch its first official product aimed at the cryptocurrency market — Bitcoin (BTC) futures trading. The group's chief financial officer, André Milanez, made the announcement during a conference call on Monday.

Milanez did not provide many details on how the product will work. It is not yet known if B3 will form a partnership or if it will offer Bitcoin futures trading directly, but the timeline for launching this product was stated to be relatively short. "We plan to launch bitcoin futures in the next three to six months," he said.

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The Brazilian Stock Exchange will launch Bitcoin and Ethereum futures
 

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