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 development in the regulated U.S. derivatives market. This initiative allows U.S. traders to engage in leveraged futures contracts on a CFTC-regulated exchange around the clock, a first for the industry. The launch, effective from May 9, 2025, signifies a major milestone as it provides continuous market access, enabling traders to manage risk and seize opportunities in real time, aligning with the always-on nature of crypto markets.

With this advancement, Coinbase Derivatives (CDE) becomes the first CFTC-regulated derivatives exchange to offer 24/7 trading for its retail and institutional Bitcoin and Ethereum futures. This move broadens market access for U.S. traders, allowing them to participate in the market at any hour, any day. The exchange emphasized that this is just the beginning, with plans to introduce perpetual-style futures to the U.S. market, providing retail traders with access to one of the most widely used derivatives products in crypto within a regulated environment.

This development underscores Coinbase's commitment to expanding its derivatives offerings and providing a more comprehensive trading experience for its users. By offering 24/7 trading, Coinbase aims to cater to the needs of both retail and institutional traders, who can now manage their portfolios and respond to market movements in real time. This move is expected to enhance liquidity and market efficiency, benefiting all participants in the crypto derivatives market.

Coinbase's announcement also highlighted its ongoing efforts to list new assets and delist others based on market demand and regulatory considerations. The exchange recently listed PAX Gold (PAXG) and Space and Time (SXT) on the Ethereum network, making them available for trading on its platform. Additionally, Pendle (PENDLE) is now accessible to New York residents. Conversely, trading for Gemini Dollar (GUSD) and GYEN (GYEN) has been disabled, although users can still withdraw their funds.