Coinbase Derivatives will debut Mag7 + Crypto Equity Index Futures on September 22, giving investors a single contract that combines top U.S. tech stocks with cryptocurrency ETFs.
The index will be the first U.S.-listed derivatives product to merge traditional equities with digital assets, marking an expansion from single-asset derivatives to multi-asset offerings that provide thematic exposure to innovation and growth sectors.
The ten equally weighted components include the “Magnificent 7” tech giants—Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla—along with Coinbase stock and two crypto ETFs: BlackRock’s iShares Bitcoin Trust (IBIT) and iShares Ethereum Trust (ETHA). MarketVector will serve as the official index provider.
Contracts are monthly and cash-settled, with each representing $1 multiplied by the index level. The index will be rebalanced quarterly to maintain equal weighting across all components.
Coinbase said the product allows investors to manage multi-asset risk while gaining exposure to both Silicon Valley leaders and blockchain-native assets. Initially available on partner platforms, retail access is expected to expand in the coming months.
