Coinbase to Launch Mag7 + Crypto Equity Index Futures on Sept 22, Featuring Apple, Tesla, and Bitcoin Exposure

Share This Post

Bitcoin Magazine

Coinbase to Launch Mag7 + Crypto Equity Index Futures on Sept 22, Featuring Apple, Tesla, and Bitcoin Exposure

Coinbase is taking a bold step into new territory with the announcement of its Mag7 + Crypto Equity Index Futures, set to launch on September 22. The new product marks a historic first in the U.S. derivatives market by offering investors simultaneous exposure to both the “Magnificent 7” tech stocks and leading cryptocurrency ETFs.

“We’re launching the first US futures that give exposure to the top US tech stocks and crypto at the same time,” said Brian Armstrong, CEO of Coinbase. “We’ll launch more products like this as part of the everything exchange. Coming on September 22.”

A First-of-Its-Kind Futures Product

Until now, no U.S.-listed derivative provided exposure to equities and cryptocurrencies in a single contract. Coinbase Derivatives describes the new futures as a diversified, capital-efficient tool designed to serve investors seeking innovation-focused, multi-asset products.

The contracts are positioned to address three core needs:

  • Thematic Exposure to Innovation & Growth: Capturing the performance of transformative technology leaders and blockchain-native assets.
  • Diversification in a Unified Product: Providing exposure across asset classes that have traditionally traded separately.
  • Strategic Risk Management: Offering new ways to hedge portfolios against multi-asset risks.

Inside the Mag7 + Crypto Equity Index

The underlying Mag7 + Crypto Equity Index is evenly weighted across ten components:

  • Magnificent 7 Stocks: Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL), Amazon (AMZN), NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA)
  • Coinbase (COIN) Stock
  • Cryptocurrency ETFs: iShares Bitcoin Trust ETF (IBIT) and iShares Ethereum Trust ETF (ETHA)

Each of the 10 assets will carry a 10% weighting, with the index rebalanced quarterly to reflect market changes. MarketVector has been named as the official index provider.

Trading Details

Mag7 + Crypto Equity Index Futures will be monthly, cash-settled contracts. Each contract represents $1 x the Index, meaning that if the Index is priced at $3,000, the notional value of a contract will be $3,000.

Coinbase says further details about trading access on partner platforms will be released soon, with an expansion to retail investors planned in the months ahead.

The move highlights Coinbase’s ongoing effort to expand beyond single-asset offerings into broader, multi-asset derivatives. By bridging equities and digital assets, Coinbase aims to carve out a unique position in the evolving U.S. derivatives market, appealing to investors who increasingly seek products at the intersection of traditional finance and crypto innovation.

This post Coinbase to Launch Mag7 + Crypto Equity Index Futures on Sept 22, Featuring Apple, Tesla, and Bitcoin Exposure first appeared on Bitcoin Magazine and is written by Nik.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

SEC to Hold Crypto Privacy Roundtable on December 15th

The post SEC to Hold Crypto Privacy Roundtable on December 15th appeared first on Coinpedia Fintech News The US Securities and Exchange Commission has set a new date for its long-anticipated crypto

Australian Bitcoin Lobby Files Complaint Against ABC Over Misleading Article

The Australian Bitcoin Industry Body (ABIB) has formally filed a complaint with the national broadcaster ABC regarding a Dec 1 article concerning bitcoin Allegations of Misrepresentation and Bias An

Why Are Terra LUNA and LUNC Pumping Today?

The post Why Are Terra LUNA and LUNC Pumping Today appeared first on Coinpedia Fintech News The Terra ecosystem is suddenly back in the spotlight after months of silence, as both Terra Luna (LUNA)

SEC Approves First 2x SUI ETF, Grayscale Files New SUI Trust

The post SEC Approves First 2x SUI ETF, Grayscale Files New SUI Trust appeared first on Coinpedia Fintech News The SEC has approved the first 2x leveraged SUI ETF, TXXS, which is now live on Nasdaq

‘Stablecoins Are Here To Stay’: IMF Calls For Global Cooperation To Prevent Financial Risks

As stablecoins continue to gain worldwide momentum, the International Monetary Fund (IMF) has called for global cooperation to avert potential macro financial stability risks related to the rapidly

From Top To Bottom: Bitcoin’s Largest & Smallest Hands Both Now Accumulating

Data shows distribution on the Bitcoin network has dropped off, with both the largest of whales and small retail hands taking to accumulation Bitcoin Accumulation Trend Score Shows Shift Toward