Coinbase To Launch Futures Index Mixing Crypto, Tech Stocks


The Crypto Exchange Coinbase is set to roll out a futures product, tracking the top US tech stock, Crypto Exchange-Treded Funds, and the same contract has its own shares to offer equity and crypto explores.

Incidentally Said It is launching the “Mag7 + Crypto Equity Index Futures” on Tuesday, September 22, which “Fantastic 7” Tech Stock Apple, Microsoft, Applabet, Amazon, Nvidia, Meta, and Tesla, Black’s Bitcoin (BTC) and Etyls (ETH) ETFS and Will track coinbase stock.

The exchange said, “Historically, there is no US-list derivative that provides access to both equity and cryptocurrency within a futures product,” the exchange said, adding its index “the asset classes have been traditionally traded.”

This marks the first major derivatives of the coinbase as it acquired the deribit – the first biggest crypto option and futures exchange – for $ 2.9 billion in May. Crypto derivatives Rose Last year, 132% year-on-by-year, and 2025 is located at the top that is looking at Tally $ 20 trillion with the first two quarters.

Retail traders to wait for access

Each component in the upcoming index of coinbase will be equally weighted at 10%, in which institutional customers of the exchange will have access to the first product.

Details of trading access through partner platforms will be announced soon, in which the coinbase plan is planned to provide products to retail users in the coming months.

The index will be considered as a monthly, cash-shattered contracts, represented by the fund with the fund with each contract.

Crackon, Apple, Google, Nvidia, Amazon, Microsoft, Derivatives, Tesla, Futures, Atherium ETF
The allocation of Mag 7 + Crypto Equity Index Futures of the coinbase. Source: coincidence

The Coinbase said it would be rearranged in each quarter to reflect any market change, in which the market will be serving as the official index provider.

The index part of the “everything app” scheme, CEO says

Coinbase CEO Brian Armstrong on Tuesday wrote to X, “We will launch more such products as part of the exchange.”

In mid -July, the company introduced its plans to become a crypto “everything app”, a crypto wallet, trading, payment, social media and a platform for combining a platform for combining social media and messaging.

This comes between an increase in trading activity on the derivative platform of the coinbase, with frequent daily versions More than $ 5 billion in the previous month.

Connected: Bitcoin spot trading indicated on possible breakout up to $ 119k

On August 25, Trading showed $ 9.9 billion – the strongest day of the platform from at least 5 June, the coinbase data showed.

Daily changes in daily derivative trading volume from 5 June. Source: coincidence

Rival Crackon bets Derivatives

Crackon launched its Crypto derivative platform, Ninjitrader on 15 July after acquiring $ 1.5 billion of the firm four months ago.

Crackon stated that the deal would provide its American customers access to traditional derivative markets, align with its broad goal of becoming a-stop platform for all types of trading.

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