- Coinbase launched 24/7 Bitcoin and Ethereum futures as the first CFTC-regulated US exchange.
- Coinbase partners with Nodal Clear and Virtu Financial to support nonstop crypto futures trading.
- US traders can access nano and full-sized BTC and ETH futures anytime via Coinbase’s new service.
Coinbase Derivatives has become the first CFTC-regulated exchange in the US, enabling around-the-clock Bitcoin and Ethereum futures trading. The Friday announcement represents an important milestone on the road to convergence with global practice in U.S. crypto trading. This growth comes after Coinbase’s larger initiative, which was unveiled in March to close the gap between regular trading hours and the around-the-clock nature of the world’s crypto exchanges.
The new offering offers nano and normal-sized futures contracts, allowing traders to hedge risk and exposure without interruption. To service increased demand from retail and institutional investors, retail for real-time market access that follows the 24/7 operating hours of digital assets, Coinbase plans to incorporate continuous trading.
Infrastructure and Strategic Partnerships Power Round-the-Clock Trading
Coinbase Derivatives has partnered strategically with other industry players to support the new trading model. All trades will settle via Nodal Clear, a CFTC–regulated clearinghouse capable of handling nonstop operations. Liquidity support will come from firms such as Virtu Financial, which are renowned market makers. According to Paul Cusenza, CEO of Nodal Clear, around-the-clock trading requires new risk oversight.
24/7 trading for futures is here in the US.
Trade Bitcoin and Ethereum futures on your time — any hour, any day. The market doesn’t sleep, and now, neither do your opportunities.
Next up: Perpetual futures. Stay tuned. pic.twitter.com/q4OXMjr8pn— Coinbase Futures (@cbFutures) May 9, 2025
Access to regulated 24/7 futures is a fundamental change in market structure that requires a system that can appropriately handle risk continuously. These futures contracts are available to investors through futures commission merchants (FCMS) such as ABN AMRO, Wedbush Securities, and Coinbase Financial Markets. The exchange emphasised how these partnerships guarantee unimpeded simplicity of access and execution by clients of varying experience levels.
Coinbase Strengthens Derivatives Strategy With Deribit Acquisition
The 24/7 futures launch comes a few days after the exchange announced a $2.9 billion acquisition of Deribit, a Dubai-based crypto options exchange. Deribit is an industry leader in Bitcoin and Ether options and is set to make a breakthrough in the exchange’s international derivatives presence.
Andy Sears (CEO of Coinbase Financial Markets) referred to the launch of 24-hour regulated trading as revolutionary. He added that the initiative not only acts as a catalyst to existing customer demand but also as a prelude to future options, such as the regulated perpetual futures contracts.
By synchronising the launch of continuous Bitcoin and Ethereum futures with the acquisition of Deribit, the exchange has positioned itself to chart a regulated crypto derivatives market in the U.S. Such measures are designed to align U.S. infrastructure with global trading norms while still subject to oversight by the Commodity Futures Trading Commission.
