Crypto alternate 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 stated on Tuesday it is launching the “Mag7 + Crypto Fairness Index Futures” on Sept. 22, which is able to observe the “Magnificent 7” tech shares Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla, BlackRock’s Bitcoin (BTC) and Ether (ETH) ETFs and Coinbase’s inventory.
“Traditionally, there was no US-listed by-product that gives entry to each equities and cryptocurrencies inside a futures product,” the alternate stated, including its index would give publicity to “asset lessons which have historically traded individually.”
It marks Coinbase’s first main derivatives transfer because it acquired Deribit — beforehand the most important crypto choices and futures alternate — for $2.9 billion in Might. Crypto derivatives quantity rose 132% year-on-year final yr, 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 might be weighted evenly at 10%, with the alternate’s institutional shoppers first to have entry to the product.
Particulars on buying and selling entry by means of companion platforms might be introduced quickly, with Coinbase planning to make the product out there to retail customers within the coming months.
The index might be handled as month-to-month, cash-settled contracts, with every contract representing $1 multiplied by the fund.
Coinbase stated will probably be rebalanced every quarter to replicate any market modifications, with MarketVector serving because the official index supplier.
Index a part of “the whole lot app” plan, says CEO
“We’ll launch extra merchandise like this as a part of the the whole lot alternate,” Coinbase CEO Brian Armstrong wrote to X on Tuesday.
In mid-July, the corporate debuted its plans to turn into a crypto “the whole lot app,” rebranding its Coinbase Pockets as “Base app” with the purpose 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 the whole lot alternate.
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 persistently exceeding $5 billion over the previous month.
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On Aug. 25, buying and selling hit $9.9 billion — the platform’s strongest single day since not less than June 5, Coinbase information reveals.
Rival Kraken makes derivatives wager
Kraken launched its crypto derivatives platform, NinjaTrader, on July 15, following its $1.5 billion acquisition of the agency 4 months earlier.
Kraken stated the deal would give its US prospects entry to the standard derivatives markets, aligning with its broader aim of changing into a one-stop platform for every type of buying and selling.
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