03 Sep
03Sep

Coinbase is introducing a new financial product called the Mag7 + Crypto Equity Index Futures. This is a first-of-its-kind U.S.-listed derivative that combines exposure to both U.S. tech stocks and crypto ETFs in a single, monthly tradable contract.

The product's index is composed of 10 equal-weighted components:

  • The seven major tech companies, often called the "Magnificent 7" (Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla).
  • Coinbase's own stock (COIN).
  • Two crypto ETFs from iShares: the iShares Bitcoin Trust ETF (IBIT) and the iShares Ethereum Trust ETF (ETHA).

Each of these components makes up 10% of the index, although these weights may fluctuate between quarterly rebalances. The contract will be cash-settled and its value will directly track the index price, with each unit worth $1 per index point.

Coinbase states that this new offering is designed for investors seeking a single, capital-efficient product to gain diversified exposure to both the tech and crypto sectors and to manage risk across these different asset classes.

Initially, the product will only be available through partner platforms, but Coinbase plans to make it accessible to retail investors in the future. The company believes this launch marks a "new era of multi-asset derivatives" as it expands its offerings across different asset classes.

September 2025, Cryptoniteuae

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