Coinbase to list Bitcoin and Ether futures on its derivatives exchange

Coinbase’s CFTC-approved derivatives exchange will add Bitcoin and Ether futures for institutional clients on June 5.
Dot
March 8, 2024
Ayush Pande

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

TABLE OF CONTENTS
Brian Armstrong; Photo Source: Coinbase/Around The Block (Youtube)
As noted by Coinbase, “With the launch of these institutional-sized USD-settled contracts, we look to empower institutional participants with greater precision in managing crypto exposure.”

Coinbase’s CFTC-approved derivatives exchange will add Bitcoin (BTC) and Ether (ETH) futures contracts for institutional clients on June 5.

According to its blog post, Coinbase has set fixed sizes for its futures contracts to provide better exposure management facilities to its customers. Therefore, each Coinbase Bitcoin (BTI) futures contract will be sized at 1 BTC, while Coinbase Ether (ETI) futures will have a specific size of 10 ETH per contract. 

The BTI futures will have a tick value of $5 for each contract, with price increments of $5 per Bitcoin. Similarly, each Ether futures contract will have a tick value of $5 and minimum price increments of $0.5 per ETH.

Coinbase claimed its latest offerings will be available in partnership with institutional futures commission merchants, front-end providers, and brokers.



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The firm added its Bitcoin and Ether futures will have significantly lower fees than traditional offerings to reduce trading costs for its institutional investors. Coinbase, however, has yet to release a fee structure for its derivatives contracts.

Coinbase also mentioned that early adopters of futures contracts may qualify for additional incentive programs. 

The announcement came a few weeks after Coinbase established an offshore derivatives exchange in Bermuda. With the launch of Coinbase International Exchange (CIE), the firm intends to offer perpetual BTC and ETH futures to non-US institutional clients.

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Author's profile picture

Ayush Pande

Ayush Pande is a hardware, gaming, and crypto writer based in India. He's a tech enthusiast who's fascinated by the potential of blockchain technology.

Connect with Ayush on LinkedIn

Coinbase to list Bitcoin and Ether futures on its derivatives exchange

HomeCrypto exchanges
Contents
Brian Armstrong; Photo Source: Coinbase/Around The Block (Youtube)
As noted by Coinbase, “With the launch of these institutional-sized USD-settled contracts, we look to empower institutional participants with greater precision in managing crypto exposure.”

Coinbase’s CFTC-approved derivatives exchange will add Bitcoin (BTC) and Ether (ETH) futures contracts for institutional clients on June 5.

According to its blog post, Coinbase has set fixed sizes for its futures contracts to provide better exposure management facilities to its customers. Therefore, each Coinbase Bitcoin (BTI) futures contract will be sized at 1 BTC, while Coinbase Ether (ETI) futures will have a specific size of 10 ETH per contract. 

The BTI futures will have a tick value of $5 for each contract, with price increments of $5 per Bitcoin. Similarly, each Ether futures contract will have a tick value of $5 and minimum price increments of $0.5 per ETH.

Coinbase claimed its latest offerings will be available in partnership with institutional futures commission merchants, front-end providers, and brokers.



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


The firm added its Bitcoin and Ether futures will have significantly lower fees than traditional offerings to reduce trading costs for its institutional investors. Coinbase, however, has yet to release a fee structure for its derivatives contracts.

Coinbase also mentioned that early adopters of futures contracts may qualify for additional incentive programs. 

The announcement came a few weeks after Coinbase established an offshore derivatives exchange in Bermuda. With the launch of Coinbase International Exchange (CIE), the firm intends to offer perpetual BTC and ETH futures to non-US institutional clients.

Written by
Author's profile picture

Ayush Pande

Ayush Pande is a hardware, gaming, and crypto writer based in India. He's a tech enthusiast who's fascinated by the potential of blockchain technology.

Connect with Ayush on LinkedIn
Ayush Pande

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

As noted by Coinbase, “With the launch of these institutional-sized USD-settled contracts, we look to empower institutional participants with greater precision in managing crypto exposure.”

Coinbase’s CFTC-approved derivatives exchange will add Bitcoin (BTC) and Ether (ETH) futures contracts for institutional clients on June 5.

According to its blog post, Coinbase has set fixed sizes for its futures contracts to provide better exposure management facilities to its customers. Therefore, each Coinbase Bitcoin (BTI) futures contract will be sized at 1 BTC, while Coinbase Ether (ETI) futures will have a specific size of 10 ETH per contract. 

The BTI futures will have a tick value of $5 for each contract, with price increments of $5 per Bitcoin. Similarly, each Ether futures contract will have a tick value of $5 and minimum price increments of $0.5 per ETH.

Coinbase claimed its latest offerings will be available in partnership with institutional futures commission merchants, front-end providers, and brokers.



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


The firm added its Bitcoin and Ether futures will have significantly lower fees than traditional offerings to reduce trading costs for its institutional investors. Coinbase, however, has yet to release a fee structure for its derivatives contracts.

Coinbase also mentioned that early adopters of futures contracts may qualify for additional incentive programs. 

The announcement came a few weeks after Coinbase established an offshore derivatives exchange in Bermuda. With the launch of Coinbase International Exchange (CIE), the firm intends to offer perpetual BTC and ETH futures to non-US institutional clients.

Written by
Author's profile picture

Ayush Pande

Ayush Pande is a hardware, gaming, and crypto writer based in India. He's a tech enthusiast who's fascinated by the potential of blockchain technology.

Connect with Ayush on LinkedIn
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Ayush Pande