Coinbase Launches 24/7 Bitcoin and Ethereum Futures Trading in U.S.

Coinbase has introduced 24/7 Bitcoin and Ethereum futures trading for U.S. users through its CFTC-regulated arm, Coinbase Derivatives. This marks a significant first in the regulated U.S. derivatives market, as traders can now access crypto futures around the clock, including weekends, offering constant execution and risk management capabilities. This development comes just one day after Coinbase announced its $2.9 billion acquisition of crypto derivatives exchange Deribit, reinforcing its ambitions in the global derivatives market.

The round-the-clock futures product is available to both retail and institutional users, bringing regulated crypto markets closer to the always-on nature of digital assets. Coinbase Derivatives’ infrastructure supports uninterrupted trading and clearing, with all transactions processed through CFTC-approved clearinghouse Nodal Clear. Liquidity is being supported by market maker Virtu Financial, while firms including ABN AMRO, Wedbush Securities, and Coinbase Financial Markets bolster distribution.

This move by Coinbase is a strategic effort to enhance its offerings and attract more traders. The launch of 24/7 futures trading is expected to bring round-the-clock risk management to U.S. traders, providing them with more flexibility and opportunities. Traders can now manage their positions and execute trades at any time, which is particularly beneficial for those who prefer to trade during off-peak hours or on weekends. This move is also expected to attract more institutional investors, who often require 24/7 trading capabilities to manage their portfolios effectively.

Coinbase also plans to introduce perpetual-style futures for U.S. users—currently one of the most popular crypto derivatives globally—within a regulated framework. This development is part of Coinbase's broader strategy to provide more comprehensive trading options and better serve its user base. The exchange has been actively expanding its services, and this latest move is a testament to its commitment to innovation and customer satisfaction.

In summary, Coinbase's launch of 24/7 Bitcoin and Ethereum futures trading in the U.S. is a major development in the crypto market. It provides traders with constant access to crypto futures, enhances risk management capabilities, and positions Coinbase as a leader in the regulated crypto trading space. This move is expected to attract more traders and institutional investors, further solidifying Coinbase's position in the market.