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Coinbase will launch index futures trading with Nvidia and BlackRock Bitcoin ETFs
According to Foresight News, Coinbase announced that it will launch a new product called "Mag7 + Crypto Equity Index Futures", an index futures trading combining stocks and crypto ETF exposure. Trading will begin on September 22, providing traders with opportunities to trade indexes. The index combines leading tech stocks with BlackRock's spot Bitcoin and Ethereum ETFs, and balances Coinbase's own stocks, as well as stocks of Apple, Microsoft, Google's parent companies Alphabet, Amazon, Nvidia, Meta and Tesla. The index will use equal weight calculation method, and 10 constituent stocks each account for 10% of the index.
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