Coinbase mixes crypto and tech stocks in upcoming futures index

Coinbase will launch a new futures product called the “Mag7 + Crypto Equity Index Futures” on September 22, 2025, offering exposure to the top U.S. tech stocks alongside Bitcoin and Ether ETFs and Coinbase’s own stock.

The index will track the seven so‑called "Magnificent 7" tech companies — Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta and Tesla — together with BlackRock’s spot Bitcoin and Ether ETFs and Coinbase common stock. Each component will be weighted equally at 10%.

Contracts will be monthly and cash‑settled, with each contract representing $1 multiplied by the fund. Coinbase said the index will be rebalanced quarterly, and MarketVector will serve as the official index provider.

Institutional clients will receive the first access to the product; Coinbase said it will announce partner platforms for trading access and plans to make the product available to retail users in the coming months.

“We’ll launch more products like this as part of the everything exchange. Coming on September 22.” — Brian Armstrong (posted on X). The move marks Coinbase’s first major derivatives product rollout since its acquisition of Deribit. The exchange noted a recent surge in crypto derivatives activity, with trading volumes rising significantly year‑on‑year and 2025 on track to top prior tallies. Coinbase has also reported daily derivatives volumes consistently exceeding $5 billion over the preceding month, including a single‑day high of $9.9 billion on August 25. citeturn0view0

Coinbase’s announcement follows similar strategic moves by other exchanges expanding into derivatives: Kraken, for example, launched a derivatives platform and has pursued acquisitions to broaden its offerings.

Source: Cointelegraph.