Coinbase has unveiled the launch of new futures for the Magnificent 7 and crypto equities, offering investors a combination of traditional stocks and digital assets.
What Are Magn7 + Crypto Equity Index Futures?
The Magn7 + Crypto Equity Index Futures will be available starting September 22, providing investment opportunities in the 'Magnificent Seven' U.S. tech companies — Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla, along with Bitcoin and Ether through BlackRock’s ETFs and Coinbase shares. Each of the ten components will have an equal weight of 10%, and contracts will be structured as monthly, cash-settled futures.
Why This Matters for Investors?
The launch of the new futures represents Coinbase’s first major derivatives expansion since its $2.9 billion acquisition of Deribit. With global crypto derivatives volumes surpassing $20 trillion in the first half of 2025, Coinbase aims to attract both institutional and retail investors. CEO Brian Armstrong highlighted that this new product is part of the company’s goal to become an 'everything exchange.'
How Does Coinbase Compare with Rivals?
Rival exchange Kraken recently launched its derivatives business, NinjaTrader, expanding offerings for traditional customers. Coinbase’s futures come amid pressures on crypto exchanges to diversify revenues beyond spot trading. By adding equity exposure, Coinbase may stabilize income and attract institutional allocators managing various asset classes.
If successful, the Magn7 + Crypto Equity Index Futures could lead to a broader adoption of thematic, multi-asset derivatives, creating new opportunities for investors.
