- Main event, leadership changes, market impact, financial shifts, or expert insights.
- First 24/7 futures offering in the US.
- Increased market access for US traders.
Coinbase Derivatives, LLC has commenced 24/7 Bitcoin and Ethereum futures trading in the United States as of May 9, 2025, under the supervision of the Commodity Futures Trading Commission (CFTC).
This move by Coinbase bridges US trading hours with the continuous global cryptocurrency market, significantly affecting market operations and trader access.
Coinbase’s launch of 24/7 Bitcoin and Ethereum futures trading marks a historic shift within the US financial infrastructure. Greg Tusar, VP of Institutional Product, leads this initiative, leveraging his experience from Goldman Sachs and Tagomi Systems.
The initiative augments market operations by providing round-the-clock market access to regulated futures contracts. Nano and large-sized contracts are available to suit different trader profiles, enhancing both retail and institutional investor participation.
This development is pivotal for US traders navigating crypto markets. It brings US infrastructure in line with global trading practices, previously dominated by international platforms offering 24/7 service. Observers see this as a crucial step for US market competitiveness.
Potential outcomes include expanded US market share and increased trading volume facilitated by regulatory-compliant offerings. Coinbase is collaborating closely with the CFTC and industry partners to integrate perpetual-style contracts that align with US standards but offer global advantages.
“Our goal is simple: give traders the tools they need to manage risk and seize opportunities in crypto–on their terms.” — Greg Tusar, VP of Institutional Product, Coinbase
Additionally, available data indicates a 23% decline in Coinbase Global (COIN) stock in the current year. However, analysts maintain a “Moderate Buy” consensus, with most predicting potential growth from this innovation. The initiative stands to reshape the landscape of cryptocurrency trading in the US, providing enhanced opportunities for participants.
| Disclaimer: The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions. |
