Latin America’s largest exchange, B3, has launched BTC/ETH/SOL options that roll into futures rather than spot on expiry—this design is pretty interesting. It both meets the derivatives demand and sidesteps the compliance pressure of directly custodying assets. Traditional finance really does know how to play Crypto.

CoinWires news: Wu Shuo learned that b3, the operator of the largest securities exchange in Latin America and the Brazil Exchange, announced on July 7 that it had launched options products for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) futures contracts on July 6, further expanding its lineup of crypto-asset derivatives. b3 said the new products will be traded independently, with trading hours from 9:00 to 18:30, and will be equipped with market makers. After the option expires, it does not directly buy or sell BTC, ETH, or SOL, but instead enters a corresponding buy or sell position in the respective crypto-asset futures contract.