#Coinbase Perpetual Futures Launch July 21 as Regulatory Winds Shift


Coinbase will offer U.S.-regulated perpetual-style futures for $BTC and $ETH starting July 21.


The launch fills what Coinbase calls a "critical gap" in the domestic derivatives market, where offshore platforms dominate 90% of global crypto trading.


Nano $BTC (0.01 $BTC) and nano $ETH (0.10 $ETH) contracts will track spot prices while offering leverage under full CFTC compliance.


U.S. traders have long relied on offshore exchanges that "introduce regulatory, custody, and counterparty risks," according to Coinbase.


The contracts function as long-dated futures with five-year expirations and hourly funding mechanisms for 24/7 trading.


The timing aligns with crypto-friendly shifts under the #Trump administration, which encourage innovation through lighter regulatory pressure.


#COIN shares hit an all-time closing high of $375.07 on Thursday, breaking its November 2021 peak of $357.39.


The stock has climbed 50% year-to-date as Coinbase secured #MiCA licensing and lawmakers passed bipartisan #stablecoin legislation.

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June 27, 2025 at 2:48 PM
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