Coinbase Launches 24/7 Bitcoin, Ethereum Futures Trading

Coinbase, a major cryptocurrency exchange, has introduced 24/7 trading for Bitcoin and Ethereum futures, marking a significant milestone in the regulated U.S. derivatives market. This move allows U.S. traders to access leveraged futures contracts on a CFTC-regulated exchange around the clock, including weekends.

Beginning May 9, 2025, U.S. traders will have the ability to manage risk and exploit opportunities in real time, reflecting the always-on nature of crypto markets. Coinbase Derivatives (CDE) is the first CFTC-regulated derivatives exchange to offer this level of access for its retail and institutional Bitcoin and Ethereum futures.

This launch provides broader market access to U.S. traders, allowing them to manage risk and exploit opportunities in real time, reflecting crypto markets’ always-on nature. Coinbase stated that 24/7 futures trading is just the beginning, as it is actively working to introduce perpetual-style futures to the U.S. — giving retail traders access to one of the most widely used derivatives products in crypto, but within a regulated environment.

This initiative addresses the limitations of traditional market hours, providing constant execution and risk management capabilities. The move aligns U.S. trading with the crypto market’s continuous operations, offering broader market access and new opportunities for investors.

Coinbase Derivatives LLC spearheaded this initiative, with Nodal Clear providing clearing support. This breakthrough aligns U.S. trading with the crypto market’s continuous operations, offering broader market access and new opportunities for investors.

The launch of 24/7 regulated futures trading marks a significant departure from traditional U.S. market constraints, underscoring the evolving landscape of cryptocurrency investments. The market response has been positive, with industry experts noting the transformed accessibility of futures trading. Coinbase emphasized the regulated environment for these products, signaling a new era for U.S. retail investors.

The expanded availability of derivatives products may lead to increased regulatory scrutiny, aligning with a historical trend of convergence between traditional financial systems and cryptocurrency markets. This development is part of Coinbase's broader strategy to enhance its derivatives offerings in the regulated U.S. market. The company announced its 24/7 futures service in March, and the official launch on May 9, 2025, marks a major milestone for the industry.

The initiative is expected to set new precedents for both financial instruments and investor engagement, reflecting the dynamic shifts in the cryptocurrency market.