Coinbase derivatives declared that he would introduce a new type of long -term contract on the actions index later this month (ETF) in a single product.
Launching on September 22, the Mag7 + Crypto Equity Index Futures will be the first derivative contracts in the United States to combine traditional actions with digital assets, according to a blog article.
This decision, said that the company marks expansion beyond derivatives to a single asset in multi-active offers designed to give investors a thematic exposure to the innovation and growth sectors.
The new index includes ten weighted components also at 10% each. It consists of the so -called “magnificent 7” Stocks – Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta and Tesla – as well as the clean stock of Coinbase and two Etf Crypto: Blackrock’s Ishares Bitcoin Trust of BlackRock (Ibit) and Ishares Ethereum Trust (Etha). Marketvector, known for its crypto and thematic clues, will serve as an official index supplier.
The contracts will be monthly and in cash, each representing $ 1 multiplied by the index level. At an index value of $ 3,000, for example, the notional value of a contract would be $ 3,000. The index will be quarterly rebalanced to restore equal weighting on all components.
Coinbase has supervised the product as a means for investors to manage multi -active risk more effectively while acquiring on both sides of the innovation economy – Silicon Valley technology chiefs and native blockchain active ingredients.
“The term contracts on the actions index mark the next evolution of our product suite and open the way to a new era of multi-active derivatives,” said the company in its ad.
The launch comes in the middle of the appetite of growing investors for crossing products that fill the traditional financing and cryptography markets. Coinbase said that he planned to extend the availability of retail contracts in the coming months, although they will initially exchange partner platforms.
