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Coinbase Sets Sept. 22 Launch for Futures Bundling Mag 7 Stocks With Crypto ETFs

The institutional-first contract offers equal-weight exposure across 10 components in a single, cash-settled trade, with retail access planned in the months after launch.

Overview

  • Coinbase’s Mag7 + Crypto Equity Index Futures combines Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, Tesla, Coinbase stock, and BlackRock’s IBIT and ETHA, each weighted at 10%.
  • Contracts are monthly and cash-settled, sized at $1 times the index level, with the index rebalanced quarterly to maintain equal weights.
  • MarketVector will serve as the official index provider responsible for calculation and maintenance of the benchmark.
  • Trading will open to institutions on partner platforms first, with Coinbase saying retail availability will follow after the initial rollout.
  • Coinbase describes the product as the first U.S.-listed futures to blend equities and crypto in one contract, aligning with its broader push toward a multi-asset ‘everything exchange’ after expanding U.S. derivatives this year.