Coinbase Derivatives will debut a new equity index futures contract on September 22, offering investors exposure to both leading U.S. technology stocks and cryptocurrency ETFs in a single product.
The Mag7 + Crypto Equity Index Futures will be the first U.S.-listed derivatives to combine traditional equities with digital assets. The launch expands Coinbase’s offerings from single-asset derivatives to multi-asset products, giving traders thematic exposure to innovation-driven growth sectors.
The index features ten equally weighted components: the “Magnificent 7” tech giants—Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla—along with Coinbase stock and two crypto ETFs: BlackRock’s iShares Bitcoin Trust (IBIT) and iShares Ethereum Trust (ETHA). MarketVector, known for crypto and thematic indexes, will serve as the official provider.
Contracts will be monthly and cash-settled, with each representing $1 multiplied by the index level, and the index will be rebalanced quarterly to maintain equal weighting.
Coinbase framed the product as a tool to manage multi-asset risk while gaining exposure to both tech leaders and blockchain-native assets. The exchange plans to initially offer trading on partner platforms, with broader retail access expected in the coming months.
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