Crypto change 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 mentioned on Tuesday it is launching the “Mag7 + Crypto Equity Index Futures” on Sept. 22, which can 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.
“Historically, there was no US-listed spinoff that gives entry to each equities and cryptocurrencies inside a futures product,” the change mentioned, including its index would give publicity to “asset courses which have historically traded individually.”
It marks Coinbase’s first main derivatives transfer because it acquired Deribit — beforehand the biggest crypto choices and futures change — for $2.9 billion in May. Crypto derivatives quantity rose 132% year-on-year final yr, and 2025 is on observe to high that tally with the primary two quarters seeing greater than $20 trillion.
Retail merchants to attend for entry
Each part in Coinbase’s upcoming index will likely be weighted evenly at 10%, with the change’s institutional shoppers first to have entry to the product.
Details on buying and selling entry via companion platforms will likely be introduced quickly, with Coinbase planning to make the product out there to retail customers 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 is going to be rebalanced every quarter to replicate any market modifications, with MarketVector serving because the official index supplier.
Index a part of “every part app” plan, says CEO
“We’ll launch extra merchandise like this as a part of the every part change,” Coinbase CEO Brian Armstrong wrote to X on Tuesday.
In mid-July, the corporate debuted its plans to turn into a crypto “every part app,” rebranding its Coinbase Wallet 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 identical time.
We’ll launch extra merchandise like this as a part of the every part change.
Coming on 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 every day volumes constantly exceeding $5 billion over the previous month.
Related: Uptick in Bitcoin spot buying and selling hints at doable breakout to $119K
On Aug. 25, buying and selling hit $9.9 billion — the platform’s strongest single day since at the very least June 5, Coinbase knowledge 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 mentioned the deal would give its US clients entry to the normal derivatives markets, aligning with its broader aim of changing into a one-stop platform for all sorts of buying and selling.
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