Coinbase announced on Monday, March 10, plans to launch 24/7 Bitcoin and Ethereum futures trading for U.S. traders via its Commodity Futures Trading Commission (CFTC)-regulated derivatives exchange, Coinbase Derivatives, LLC.
The move marks the first time U.S. traders will have access to perpetual-style futures contracts without expiration dates, aligning domestic markets with global trading norms.
By launching perpetual-style futures contracts, Coinbase seeks to provide American traders access to the same international instruments while ensuring compliance with U.S. regulatory standards.
According to Coinbase, crypto derivatives trading accounts for roughly 75% of global crypto volumes, yet a significant portion of these transactions have occurred outside the U.S.
The exchange stated that introducing 24/7 futures trading is a step toward a more competitive U.S. derivatives market.
Coinbase has partnered with Nodal Clear to facilitate clearing services and ensure compliance with CFTC regulations.
The upcoming futures offering will include varying-sized contracts to accommodate institutional and retail traders.
These contracts, structured for diverse trading strategies, add to Coinbase Derivatives’ growing portfolio, which now includes 19 futures contracts, such as Bitcoin (BTC), Ether (ETH), and Dogecoin (DOGE).
In February, Coinbase took a major step in the U.S. crypto derivatives market, introducing CFTC-approved futures contracts for Solana (SOL) and Hedera (HBAR).
The agency announced a CEO Forum to discuss its upcoming pilot program, with major players like Coinbase, Circle, Crypto.com, and Ripple participating.
The forum will explore tokenized non-cash collateral, including stablecoins, as part of the CFTC’s effort to integrate blockchain innovations into regulated financial markets.
Meanwhile, the U.S. Commodity Futures Trading Commission (CFTC) is intensifying its focus on digital asset markets.
Coinbase is expanding its offerings amid recent shifts in U.S. crypto policies and regulatory frameworks. CEO Brian Armstrong announced plans to hire 1,000 new U.S. employees in 2025, crediting President Trump’s favorable stance on crypto.
The agency continues working alongside the SEC to establish clearer compliance pathways for crypto firms.
Beyond derivatives, the CFTC is also refining its regulatory approach to prediction markets, planning a public roundtable to gather industry input.