The Brazilian Stock Exchange will launch Bitcoin and Ethereum futures -Breaking
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B3, the Brazilian Stock Exchange, confirmed that within six months it intends to launch its first official product aimed at the cryptocurrency market — (BTC) futures trading. The group’s chief financial officer, André Milanez, made the announcement during a conference call on Monday.
Milanez didn’t give much information about the product’s operation. While it’s not known yet if B3 is going to form a partnership, or whether the company will provide Bitcoin futures trading services directly, Milanez stated that there was a short timeline for this product launch. He said that the company plans to launch Bitcoin futures within three to six weeks.
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