B3 the Brazilian Stock Exchange Considers Introducing Ether Futures

B3, the Brazilian stock exchange, is reportedly exploring the possibility of expanding its cryptocurrency trading options by offering ether futures contracts to institutional investors. The exchange has been a pioneer in Latin America in offering crypto-related trading products and is now looking to diversify traditional or crypto portfolios with more options. Felipe Gonçalves, B3's superintendent of interest and currency products, revealed that the exchange could offer ether futures contracts in the future, following the success of its bitcoin counterparts launched in April. B3 may be seeking to take advantage of the recent approval of the first ether-based exchange-traded funds (ETF) in the U.S. and preparing for an eventual demand for similar investment options in Brazil. While no concrete decisions have been made yet, B3 is also considering including bitcoin options in its platform.