Crypto trade Coinbase is ready to roll out a futures product monitoring the highest US tech shares, crypto exchange-traded funds, and its personal shares to supply publicity to equities and crypto in a single contract.
Coinbase Derivatives said on Tuesday it’s launching the “Mag7 + Crypto Fairness Index Futures” on Sept. 22, which can observe the “Magnificent 7” tech shares of Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta and Tesla, together with BlackRock’s Bitcoin (BTC) and Ether (ETH) ETFs and Coinbase’s inventory.
“Traditionally, there was no US-listed spinoff that gives entry to each equities and cryptocurrencies inside a futures product,” the trade mentioned, including its index would give publicity to “asset lessons which have historically traded individually.”
It marks Coinbase’s first main derivatives transfer since it acquired Deribit — beforehand the most important crypto choices and futures trade — for $2.9 billion in Could. Crypto derivatives quantity rose 132% year-on-year final 12 months, and 2025 is on observe to prime that tally with the primary two quarters seeing greater than $20 trillion.
Retail merchants to attend for entry
Every part in Coinbase’s upcoming index will likely be weighted evenly at 10%, with the trade’s institutional purchasers first to have entry to the product.
Particulars on buying and selling entry by way of accomplice platforms will likely be introduced quickly, with Coinbase planning to make the product accessible to retail users within the coming months.
The index will likely be handled as month-to-month, cash-settled contracts, with every contract representing $1 multiplied by the fund.
Coinbase mentioned it will likely be rebalanced every quarter to replicate any market adjustments, with MarketVector serving because the official index supplier.
Index a part of “every thing app” plan, says CEO
“We’ll launch extra merchandise like this as a part of the every thing trade,” Coinbase CEO Brian Armstrong wrote to X on Tuesday.
In mid-July, the corporate debuted its plans to develop into a crypto “every thing app,” rebranding its Coinbase Pockets as “Base app” with the goal of making a platform combining a crypto pockets, buying and selling, funds, social media and messaging.
We’re launching the primary US futures that give publicity to the highest US tech shares and crypto on the similar time.
We’ll launch extra merchandise like this as a part of the every thing trade.
Approaching September 22. pic.twitter.com/iTLSt7a8kx
— Brian Armstrong (@brian_armstrong) September 2, 2025
It comes amid an uptick in buying and selling exercise on Coinbase’s derivatives platform, with day by day volumes constantly exceeding $5 billion over the previous month.
Associated: Uptick in Bitcoin spot trading hints at possible breakout to $119K
On Aug. 25, buying and selling hit $9.9 billion — the platform’s strongest single day since a minimum of June 5, Coinbase knowledge reveals.
Rival Kraken makes derivatives guess
Kraken launched its crypto derivatives platform, NinjaTrader, on July 15, following its $1.5 billion acquisition of the agency four months earlier.
Kraken mentioned the deal would give its US clients entry to the standard derivatives markets, aligning with its broader objective of changing into a one-stop platform for all sorts of buying and selling.
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Cointelegraph by Brayden Lindrea Coinbase To Launch Futures Index Mixing Crypto, Tech Stocks cointelegraph.com 2025-09-02 23:48:26
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