Coinbase to Launch First 24/7 Bitcoin and Ethereum Futures Trading in US
TLDR Coinbase Derivatives is launching the first CFTC-regulated 24/7 Bitcoin and Ethereum futures trading in the US The company is also developing a perpetual-style futures contract without fixed expiration dates Currently, US crypto derivatives traders face limitations with fixed trading hours, unlike global markets The crypto derivatives market represents about 75% of total crypto trading volume This move aligns US markets with global standards and responds to demand from crypto-native traders Coinbase Derivatives, LLC is set to launch the first CFTC-regulated 24/7 Bitcoin and Ethereum futures contracts in the United States. This move will allow US traders to access crypto futures markets without interruption, matching the always-on nature of spot cryptocurrency markets. Currently, US futures markets operate within fixed trading hours. This limitation forces traders to wait during key market movements, creating a gap between US and global trading capabilities. Greg Tusar...