Coinbase to Launch 24/7 Bitcoin and Ethereum Futures Trading in U.S.
Coinbase Derivatives plans to launch 24/7 futures trading for bitcoin and ether. Key details include:
- Offering large and nano-sized contracts for retail and institutional traders.
- Aim to address the gap between fixed trading hours and continuous crypto market activity.
- Launch of perpetual-style futures with long-dated expirations in the U.S.
- Derivatives represent 75% of global trading volume, indicating strong demand from U.S. clients.
- Collaboration with Nodal Clear for CFTC-regulated clearing.
- First 24/7 crypto futures available in the U.S., unlike CME Group's limited trading hours.