Coinbase Derivatives will launch a novel index futures contract on Sept. 22 that blends the U.S. Magnificent 7 tech stocks with exchange-traded crypto funds, giving investors a single instrument for mixed exposure.
The new Mag7 + Crypto Equity Index Futures tracks an equally weighted index of ten components: Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, Tesla, Coinbase stock, BlackRock’s iShares Bitcoin Trust (IBIT) and iShares Ethereum Trust (ETHA). MarketVector will provide the official index. Contracts are monthly, cash-settled and priced as $1 multiplied by the index level (so an index at 3,000 equals a $3,000 notional contract). The index will rebalance quarterly to restore equal weights.
Coinbase frames the product as part of a push into multi-asset derivatives, intended to help investors manage correlated risks across Silicon Valley leaders and blockchain-native assets. Initially the contracts will trade on partner platforms, with plans to expand retail access later.
Why this matters: the product formalizes a crossover trade that mixes traditional equities with crypto ETF exposure in a regulated derivatives format, potentially appealing to institutions and derivatives traders seeking thematic innovation bets without spot crypto custody. However, futures on an index of ETFs and stocks carry risks — price volatility, ETF tracking error, counterparty and liquidity risk — and are not the same as holding underlying tokens or shares.
Source: Coinbase. Read the original coverage for full details.
