Coinbase Derivatives will introduce Mag7 + Crypto Equity Index Futures on September 22, a new contract that combines exposure to top U.S. tech stocks and cryptocurrency ETFs in a single product.
This will mark the first U.S.-listed derivatives contract to blend traditional equities with digital assets, expanding Coinbase’s suite from single-asset products to multi-asset offerings that target innovation and growth sectors.
The index includes ten equally weighted components: the “Magnificent 7” tech stocks—Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla—along with Coinbase’s own stock and two crypto ETFs: BlackRock’s iShares Bitcoin Trust (IBIT) and iShares Ethereum Trust (ETHA). MarketVector will serve as the official index provider.
Contracts are 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 said the product allows investors to manage multi-asset risk while gaining exposure to both Silicon Valley leaders and blockchain-native assets. Initially available on partner platforms, retail access is expected to expand in the coming months.
