{"id":46358,"date":"2025-09-03T07:54:19","date_gmt":"2025-09-03T00:54:19","guid":{"rendered":"https:\/\/hbbgroup.net\/coinbase-mixes-crypto-and-tech-stocks-in-upcoming-futures-index\/"},"modified":"2025-09-03T07:54:19","modified_gmt":"2025-09-03T00:54:19","slug":"coinbase-mixes-crypto-and-tech-stocks-in-upcoming-futures-index","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/coinbase-mixes-crypto-and-tech-stocks-in-upcoming-futures-index\/","title":{"rendered":"Coinbase mixes crypto and tech stocks in upcoming futures index"},"content":{"rendered":"
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Crypto exchange Coinbase is set to roll out a futures product tracking the top US tech stocks, crypto exchange-traded funds, and its own shares to offer exposure to equities and crypto in a single contract.<\/p>\n

Coinbase Derivatives said<\/a> on Tuesday it’s launching the \u201cMag7 + Crypto Equity Index Futures\u201d on Sept. 22, which will track the \u201cMagnificent 7\u201d tech stocks Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla, BlackRock\u2019s Bitcoin (BTC<\/a>) and Ether (ETH<\/a>) ETFs and Coinbase\u2019s stock.<\/p>\n

\u201cHistorically, there has been no US-listed derivative that provides access to both equities and cryptocurrencies within a futures product,\u201d the exchange said, adding its index would give exposure to \u201casset classes that have traditionally traded separately.\u201d\u00a0<\/p>\n

It marks Coinbase\u2019s first major derivatives move since it acquired Deribit<\/a> \u2014 previously the largest crypto options and futures exchange \u2014 for $2.9 billion in May. Crypto derivatives volume rose<\/a> 132% year-on-year last year, and 2025 is on track to top that tally with the first two quarters seeing more than $20 trillion.<\/p>\n

Retail traders to wait for access<\/h2>\n

Each component in Coinbase\u2019s upcoming index will be weighted evenly at 10%, with the exchange\u2019s institutional clients first to have access to the product.<\/p>\n

Details on trading access through partner platforms will be announced soon, with Coinbase planning to make the product available to retail users<\/a> in the coming months.<\/p>\n

The index will be treated as monthly, cash-settled contracts, with each contract representing $1 multiplied by the fund.<\/p>\n

\"Kraken,
Allocation split of Coinbase\u2019s Mag 7 + Crypto Equity Index Futures. Source: <\/em>Coinbase<\/em><\/a><\/figcaption><\/figure>\n

Coinbase said it will be rebalanced each quarter to reflect any market changes, with MarketVector serving as the official index provider.<\/p>\n

Index part of \u201ceverything app\u201d plan, says CEO<\/h2>\n

\u201cWe\u2019ll launch more products like this as part of the everything exchange,\u201d Coinbase CEO Brian Armstrong wrote to X on Tuesday.<\/p>\n

In mid-July, the company debuted its plans<\/a> to become a crypto \u201ceverything app,\u201d rebranding its Coinbase Wallet as \u201cBase app\u201d with the aim of creating a platform combining a crypto wallet, trading, payments, social media and messaging.<\/p>\n

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We\u2019re launching the first US futures that give exposure to the top US tech stocks and crypto at the same time.<\/p>\n

We’ll launch more products like this as part of the everything exchange.<\/p>\n

Coming on September 22. pic.twitter.com\/iTLSt7a8kx<\/a><\/p>\n<\/div>\n

\u2014 Brian Armstrong (@brian_armstrong) September 2, 2025<\/a><\/p><\/blockquote>\n

It comes amid an uptick in trading activity on Coinbase\u2019s derivatives platform,<\/a> with daily volumes consistently exceeding<\/a> $5 billion over the past month.<\/p>\n

Related: <\/strong><\/em>Uptick in Bitcoin spot trading hints at possible breakout to $119K<\/strong><\/em><\/a>\u00a0<\/em><\/p>\n

On Aug. 25, trading hit $9.9 billion \u2014 the platform\u2019s strongest single day since at least June 5, Coinbase data shows.<\/p>\n

Daily change in daily derivatives trading volume since June 5. Source: <\/em>Coinbase<\/em><\/a><\/figcaption><\/figure>\n

Rival Kraken makes derivatives bet<\/h2>\n

Kraken launched its crypto derivatives platform, NinjaTrader,<\/a> on July 15, following its $1.5 billion acquisition of the firm four months earlier.<\/a>\u00a0<\/p>\n

Kraken said the deal would give its US customers access to the traditional derivatives markets, aligning with its broader goal of becoming a one-stop platform for all types of trading.<\/p>\n

Magazine: <\/strong><\/em>Bitcoin to see \u2018one more big thrust\u2019 to $150K, ETH pressure builds: Trade Secrets<\/strong><\/em><\/a><\/p>\n