TLDR

Coinbase will launch “Mag7 + Crypto Equity Index Futures” on September 22, combining the top 7 US tech stocks with Bitcoin and Ethereum ETFs in one futures product
The index includes Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, Tesla, Coinbase stock, and BlackRock’s Bitcoin and Ethereum ETFs, each weighted equally at 10%
This represents the first US-listed derivative product to offer exposure to both traditional equities and cryptocurrencies within a single futures contract
Institutional clients will get access first, with retail traders able to access the product in coming months through partner platforms
The move is part of Coinbase’s strategy to become an “everything exchange” and expand beyond single-asset derivatives into multi-asset offerings

Coinbase Derivatives announced Tuesday it will launch a groundbreaking futures product that combines traditional technology stocks with cryptocurrency exchange-traded funds. The “Mag7 + Crypto Equity Index Futures” will begin trading on September 22, marking the first time a US-listed derivative has offered exposure to both asset classes in a single contract.

We’re launching the first US futures that give exposure to the top US tech stocks and crypto at the same time.

We’ll launch more products like this as part of the everything exchange.

Coming on September 22. pic.twitter.com/iTLSt7a8kx

— Brian Armstrong (@brian_armstrong) September 2, 2025

The index includes the seven largest US technology companies known as the “Magnificent 7”: Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta and Tesla. These tech giants are joined by BlackRock’s iShares Bitcoin Trust and iShares Ethereum Trust ETFs, plus Coinbase’s own stock to round out ten total components.

Each component receives equal weighting at 10% of the index. Coinbase said this structure provides balanced exposure across what it calls both sides of the innovation economy – established Silicon Valley technology leaders and emerging blockchain-native assets.

Source: Coinbase

The contracts will operate as monthly, cash-settled agreements. Each contract represents $1 multiplied by the index level, meaning if the index trades at $3,000, one contract would have a notional value of $3,000.

MarketVector will serve as the official index provider. The index will undergo quarterly rebalancing to maintain equal weighting across all ten components as market conditions change.

Institutional Access First

Coinbase’s institutional clients will have first access to the new futures product. The exchange plans to announce details about trading access through partner platforms soon, with retail users expected to gain access in the coming months.

The launch represents Coinbase’s first major derivatives initiative since acquiring Deribit, previously the world’s largest crypto options and futures exchange, for $2.9 billion in May. Crypto derivatives trading volume increased 132% year-over-year in 2024, with 2025 on pace to exceed that growth with over $20 trillion traded in the first two quarters.

Daily trading volumes on Coinbase’s derivatives platform have consistently topped $5 billion over the past month. The platform recorded its strongest single day since June 5 on August 25, when trading reached $9.9 billion.

Part of Broader Exchange Strategy

CEO Brian Armstrong described the new index as part of Coinbase’s plan to build an “everything exchange.” In July, the company outlined its vision to become a crypto “everything app,” rebranding its Coinbase Wallet as “Base app” to combine wallet functionality, trading, payments, social media and messaging in one platform.

The move comes as competing exchange Kraken has made similar moves to expand beyond crypto. Kraken launched its crypto derivatives platform NinjaTrader on July 15 after acquiring the firm for $1.5 billion four months earlier, giving US customers access to traditional derivatives markets.

Coinbase positioned the new product as a way for investors to manage multi-asset risk more efficiently. The exchange said it plans to launch additional similar products as part of its expansion into multi-asset derivatives offerings.

The index futures will be cash-settled monthly contracts available initially through institutional channels before expanding to retail platforms.

The post Coinbase Launches Futures Index Combining Magnificent 7 Stocks with Bitcoin Ethereum ETFs appeared first on CoinCentral.

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Filed under: News - @ September 3, 2025 7:26 am