Coinbase Equity Futures to Blend Mag 7 Tech Stocks With Crypto ETFs

Coinbase Derivatives said it will introduce a new type of equity index futures contract later this month, offering investors exposure to both leading ￰0￱ stocks and cryptocurrency exchange-traded funds (ETFs) in a single ￰1￱ Sept. 22, the Mag7 + Crypto Equity Index Futures will be the first U. S.-listed derivatives contracts to combine traditional equities with digital assets, according to a blog ￰2￱ move, said the company, marks expansion beyond single-asset derivatives into multi-asset offerings designed to give investors thematic exposure to innovation and growth ￰3￱ new index includes ten components weighted equally at 10% ￰4￱ consists of the so-called “Magnificent 7” stocks — Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta and Tesla — along with Coinbase’s own stock and two crypto ETFs: BlackRock’s iShares Bitcoin Trust (IBIT) and iShares Ethereum Trust (ETHA).

MarketVector, known for its crypto and thematic indexes, will serve as the official index ￰5￱ will be monthly and cash-settled, with each representing $1 multiplied by the index ￰6￱ an index value of $3,000, for example, the notional value of one contract would be $3,000. The index will be rebalanced quarterly to restore equal weighting across all ￰7￱ framed the product as a way for investors to manage multi-asset risk more efficiently while gaining exposure to both sides of the innovation economy — Silicon Valley tech leaders and blockchain-native assets. “Equity index futures mark the next evolution of our product suite and pave the way for a new era of multi-asset derivatives,” the company said in its ￰8￱ launch comes amid growing investor appetite for crossover products that bridge traditional finance and crypto ￰9￱ said it plans to expand availability of the contracts to retail users in the months ahead, though they will initially trade on partner platforms.