Coinbase Unveils First U.S. Futures Blending Tech Giants and Crypto ETFs

Coinbase Derivatives is set to launch the Mag7 + Crypto Equity Index Futures on September 22, offering investors a novel way to gain exposure to both leading U.S. technology stocks and digital assets. This product marks the first U.S.-listed derivative to combine traditional equities with cryptocurrency exchange-traded funds (ETFs) into a single futures contract, according to the company’s announcement. The launch reflects a strategic shift toward multi-asset derivatives, which aim to provide broader access and enhanced risk management for investors.

The Mag7 + Crypto Equity Index Futures will be based on an index composed of ten equally weighted components, representing 10% each. These include the seven largest U.S. technology stocks—Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL), Amazon (AMZN), NVIDIA (NVDA), Meta (META), and Tesla (TSLA)—along with Coinbase’s own stock (COIN) and two crypto ETFs: the iShares Bitcoin Trust (IBIT) and the iShares Ethereum Trust (ETHA). The index, which will be rebalanced quarterly, is designed to reflect thematic exposure to innovation and growth across traditional and digital asset classes. MarketVector, known for its expertise in crypto and thematic indexes, will serve as the official index provider.

The futures contracts will be monthly, cash-settled instruments, with each contract representing $1 times the index value. For example, at an index level of $3,000, the notional value of a single contract would be $3,000. Coinbase emphasized the capital efficiency of the product, enabling investors to manage multi-asset risk while capturing the performance of both Silicon Valley tech leaders and blockchain-native assets. The company described the offering as an evolution of its product suite and a step toward a new era of multi-asset derivatives.

Coinbase’s expansion into this space aligns with a growing investor demand for products that bridge traditional finance and crypto markets. The company noted that the futures will initially be available on partner platforms, with plans to extend access to retail users in the coming months. The launch also underscores the increasing convergence of traditional financial instruments and digital assets, with investors seeking more integrated tools to navigate evolving market dynamics.

The introduction of the Mag7 + Crypto Equity Index Futures is expected to provide institutional and sophisticated investors with a more diversified and efficient way to hedge and trade across asset classes. As the first U.S.-listed futures product to combine equities and crypto ETFs, it reflects Coinbase’s broader institutional push and its commitment to expanding its derivatives offerings. The product’s design, including equal weighting and quarterly rebalancing, aims to maintain a balanced exposure to the selected components as market conditions evolve.

Source: [1] Coming September 22: Mag7 + Crypto Equity Index Futures (https://www.coinbase.com/blog/coming-september-22-mag7-crypto-equity-index-futures) [2] Coinbase Equity Futures to Blend Mag 7 Tech Stocks with Crypto ETFs (https://www.coindesk.com/markets/2025/09/02/new-coinbase-futures-blend-mag-7-tech-stocks-with-crypto-etfs)