Coinbase is making a name for itself on Wall Street and in Web3 at the same time. The exchange will launch its Mag7 + Crypto Equity Index Futures on September 22, according to the Coinbase official website. This will be the first US-listed futures product that combines the biggest tech stocks and crypto ETFs into one contract that can be traded.
The move happens less than two months after Coinbase started offering US customers CFTC-regulated perpetuals in July.
Tech stocks + crypto.
— Coinbase 🛡️ (@coinbase) September 2, 2025
In the same derivatives contract.
Coming September 22: the first US future to bridge traditional finance and digital assets. pic.twitter.com/n8EBgledhy
What Is Inside the Box?
There are 10 components in the hybrid index, and they are all weighted the same. The index is rebalanced every three months to keep things fair.
- Apple, Microsoft, Alphabet, Amazon, NVIDIA, Meta, and Tesla are the seven best companies.
- Coinbase's own stock (ticker mode: ON)
- BlackRock's iShares Bitcoin Trust (IBIT) and Ethereum Trust (ETHA) give you indirect exposure to the two biggest digital assets.
There are no favorites or bagholders; each one gets 10% of the weight.
How does It do Business?
Contracts are paid in cash at a rate of $1 times the index value. If the index is at $3,000, each contract is worth $3,000 in theory. MarketVector, the same company that runs a lot of other global indexes, will do the math and rebalance the indexes.
Futures commission merchants and broker intermediaries are the first to get access, and Coinbase says it will be available to retail traders "soon" through partner platforms.
What It Means
So far, no US derivative has let traders bet on both Big Tech and crypto at the same time. Coinbase calls this index the "next evolution" of their product line. It acts as a multi-asset bridge that offers diversification and capital efficiency in one instrument.
The timing couldn't be better. Spot Bitcoin and Ethereum ETFs have already brought in more than $20 billion in assets this year. In 2024, global derivatives trading volumes went up 132% compared to the previous year. It's clear that investors want tools that make it hard to tell the difference between TradFi and DeFi.
BlackRock's IBIT inclusion gives it a lot of credibility, and Coinbase's derivatives business is already doing close to $10 billion in daily volume. This isn't just a side job; it's becoming one of Coinbase's main battlegrounds.
A Pattern of Growth
In July, Coinbase's derivatives business started with perpetual contracts for Bitcoin, Ethereum, and Solana. These contracts had 10x leverage and very low fees of 0.02%. This new mix of equity and crypto futures makes sense as the next step.
Product is starting with institutions, but the goal is clear: get retail on board once the pipes are in place. No one else has been able to do this yet, but Coinbase wants to be the only place in the US where you can buy multi-asset futures.
The Big Picture
Coinbase's Mag7 + Crypto Equity Index Futures is a big deal: You can trade big tech growth stocks and cryptocurrencies in one clean trade.
For investors, it means they won't have to keep their Tesla shares and Bitcoin ETFs in different accounts anymore.
One index for both Big Tech and Big Crypto? Even the suits and the degens might agree on that kind of crossover.
Anastasiia G
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