Coinbase Derivatives has announced the Sept. 22 launch of the Mag7 + Crypto Equity Index Futures, the first U.S.-listed product combining major tech stocks with cryptocurrency ETFs. According to the company, this move marks its expansion from single-asset offerings into multi-asset products.
The index includes ten equally weighted components: Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, Tesla, Coinbase’s own stock, and BlackRock’s iShares Bitcoin and Ethereum Trusts. Each contract will be monthly, cash-settled, and sized at $1 multiplied by the index level, meaning a $3,000 index equals a $3,000 contract. MarketVector will act as the index provider, with rebalancing every quarter.
Coinbase framed the futures as a tool for investors seeking thematic exposure to growth and innovation while efficiently managing cross-sector risk. The offering bridges traditional Silicon Valley giants with blockchain-native assets, highlighting the increasing convergence of mainstream equities and cryptocurrencies in U.S. financial markets.
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