Coinbase will launch Mag7 + Crypto Equity Index Futures on September 22, providing simultaneous exposure to seven major U.S. tech stocks, Coinbase stock, and two cryptocurrency ETFs. The futures are positioned as a diversified, capital-efficient tool to deliver thematic innovation exposure, multi-asset diversification, and strategic risk management for investors. The underlying index is evenly weighted across ten components, with each asset at a 10% weighting and quarterly rebalancing. MarketVector is the official index provider. The product represents the first U.S.-listed derivative to combine equities and cryptocurrencies in a single contract.
Coinbase is taking a bold step into new territory with the announcement of its Mag7 + Crypto Equity Index Futures, set to launch on September 22. The new product marks a historic first in the U.S. derivatives market by offering investors simultaneous exposure to both the "Magnificent 7" tech stocks and leading cryptocurrency ETFs.
"We're launching the first US futures that give exposure to the top US tech stocks and crypto at the same time," said Brian Armstrong, CEO of Coinbase. "We'll launch more products like this as part of the everything exchange. Coming on September 22."
The contracts are positioned to address three core needs: Thematic Exposure to Innovation & Growth: Capturing the performance of transformative technology leaders and blockchain-native assets. Diversification in a Unified Product: Providing exposure across asset classes that have traditionally traded separately. Strategic Risk Management: Offering new ways to hedge portfolios against multi-asset risks.
The underlying Mag7 + Crypto Equity Index is evenly weighted across ten components: Magnificent 7 Stocks: Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL), Amazon (AMZN), NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA) Coinbase (COIN) Stock Cryptocurrency ETFs: iShares Bitcoin Trust ETF (IBIT) and iShares Ethereum Trust ETF (ETHA)
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