Coinbase has announced that it plans to launch 24/7 Bitcoin and Ethereum futures trading via its CFTC-regulated Coinbase Derivatives Exchange in the coming weeks.
The move aims to fill the gap between US-regulated trading platforms and offshore exchanges that currently provide 24/7 access to crypto futures markets.
“Today, U.S. futures markets operate within fixed trading hours that are out of sync with the 24/7 nature of crypto,” Coinbase said, adding, “This forces traders to sit on the sidelines during significant market moves, limiting their ability to react in real time.”
Unlike CME’s crypto futures, which have a one-hour break daily and no trading from Friday to Sunday, Coinbase’s new offering will provide uninterrupted access to Bitcoin and Ethereum futures — a significant development as it will be the first U.S.-regulated exchange to offer such a feature.
In addition to 24/7 trading, Coinbase is working on a “first-of-its-kind perpetual-style futures contract with extended maturities,” a product that aims to further bridge the gap with offshore exchanges that operate outside of U.S. regulatory oversight.
“We are actively working with the CFTC, partners, and market participants to finalize the design and ensure this product meets regulatory requirements as well as customer needs,” the company added.
*This is not investment advice.
