Key Insights:
- U.S. traders are now navigating a new environment with ongoing crypto futures trading.
- This new strategy brings U.S. practices in line with global trading patterns.
- Market innovation is set to accelerate as regulators and the industry evolve hand in hand.
On Monday, March 10, Coinbase revealed plans to introduce around-the-clock Bitcoin and Ethereum futures trading for U.S. traders through its CFTC-regulated derivatives exchange, Coinbase Derivatives, LLC.
This development represents the inaugural opportunity for U.S. traders to engage with perpetual-style futures contracts that lack expiration dates, further aligning domestic markets with international trading standards.
24/7 access to Bitcoin & Ethereum futures is coming to the U.S. 🇺🇲. No market hours. No waiting. No missed opportunities. And this is just the beginning. Next up are U.S. perpetual futures. — Coinbase 🛡️ (@coinbase)
Coinbase Derivatives, LLC, has confirmed the rollout of these continuous futures contracts.
The initiative aims to rectify inefficiencies in the U.S. derivatives market, where trading has historically been constrained to specific hours and contracts with predetermined expirations. Coinbase’s Futures Expansion Targets Institutional and Retail U.S. Traders.
Currently, crypto derivatives trading constitutes approximately 75% of global crypto activity, yet a large fraction of these transactions have occurred outside the U.S.
By introducing perpetual-style futures, Coinbase intends to grant American traders access to the same global instruments while remaining compliant with U.S. regulatory requirements.
BREAKING: 🇺🇸 Coinbase is set to launch 24/7 Bitcoin and Ethereum futures trading in the United States. — Watcher.Guru (@WatcherGuru)
The forthcoming futures offering will feature contracts of various sizes to cater to both institutional and retail traders.
Coinbase has teamed up with Nodal Clear to facilitate clearing services while ensuring adherence to CFTC regulations.
The exchange emphasized that the introduction of 24/7 futures trading is a significant advancement towards a more competitive U.S. derivatives market.
The firm also shared intentions to create a new variety of perpetual-style futures contract modeled after long-term international offerings, tailored to comply with U.S. regulations.
Historically, U.S. traders have faced limitations due to fixed trading hours, resulting in missed market developments outside standard operating times.
With these updates, traders can actively manage risk and execute strategies in real-time, effectively removing a critical barrier in the domestic market.
Coinbase has been collaborating with the CFTC and market stakeholders to finalize the design of the new offerings.
These plans underscore an effort to broaden regulated crypto derivatives offerings in the U.S., an area where offshore platforms have often had the upper hand. Coinbase Expands U.S. Presence Amid CFTC’s Digital Asset Innovation Push.
In February, Coinbase took a significant step in the U.S. crypto derivatives landscape by launching CFTC-approved futures contracts for Solana (SOL) and Hedera (HBAR).
These contracts, designed for various trading strategies, expand Coinbase Derivatives’ portfolio, which now encompasses 19 futures contracts, including Bitcoin (BTC), Ether (ETH), and Dogecoin (DOGE).
Meanwhile, the U.S. Commodity Futures Trading Commission (CFTC) is intensifying its emphasis on digital asset markets.
The agency has initiated a CEO Forum to discuss its upcoming pilot program, with notable participants including Coinbase, Circle, Crypto.com, and Ripple.
We are proud to partake in the CFTC’s CEO Forum on digital asset markets pilot, engaging in discussions on the tokenization of non-cash collateral, including stablecoins. We are eager to collaborate and influence the future… — Crypto.com (@cryptocom)
The forum will delve into tokenized non-cash collateral, including stablecoins, as part of the CFTC’s initiative to merge blockchain innovations with regulated financial systems.
Beyond derivatives, the CFTC is also updating its regulatory approach to prediction markets, with plans for a public roundtable to collect industry feedback.
The agency continues to collaborate with the SEC to create clearer compliance pathways for cryptocurrency firms.
Historic day at the White House Digital Asset Summit. Thanks to leadership from ’s team and , the U.S. now has a Strategic Bitcoin Reserve and emerging regulatory clarity. This is directly translating to economic growth in the U.S. For example, Coinbase plans to… — Brian Armstrong (@brian_armstrong)
Coinbase is broadening its services in light of recent changes in U.S. crypto policies and regulatory frameworks.
CEO Brian Armstrong announced intentions to recruit 1,000 new employees in the U.S. by 2025, attributing this growth to President Trump’s supportive stance on cryptocurrency.
In the wake of the White House Crypto Summit, Armstrong expressed confidence about the industry’s growth trajectory under the current administration.
While policy modifications have ignited optimism, the ultimate trajectory of U.S. crypto regulation stays ambiguous.
The impact of Coinbase’s foray into perpetual futures on the wider U.S. market—and whether regulatory clarity emerges—will be crucial in shaping the domestic crypto landscape. Frequently Asked Questions (FAQs)
What effects might continuous futures trading have on market dynamics?
By enabling nonstop trading, continuous futures enhance liquidity and improve price discovery, though they may also lead to rapid price fluctuations if risk management strategies fail to adapt to the accelerated pace.
What regulatory challenges could arise from round-the-clock trading?
Extending trading hours necessitates greater regulatory oversight and rule adjustments. Striking a balance between market innovation and investor protection presents ongoing challenges, as continuous trading complicates conventional risk management practices.
How could nonstop futures influence the competitiveness of U.S. markets?
Continuous futures could bolster the U.S. market’s position by aligning domestic practices with global trends. This may promote better risk management and encourage broader investor participation, ultimately enhancing overall market resilience.
