Coinbase, the crypto exchange giant, has announced today its launch of Bitcoin and Ethereum futures contracts focusing on institutional investors.
In a series of statements, the CEO of Coinbase, Brian Armstrong, revealed that new offerings are available from June 5 on Coinbase Derivatives Exchange, Coinbase’s CFTC-regulated futures exchange.
“BTI and ETI futures, sized at one bitcoin and 10 ether per contract, respectively, will enable participants to tailor their exposure to these growing digital asset commodities with granularity, allowing traders to seize opportunities in a highly dynamic market environment,” according to Coinbase.
More Futures From Coinbase
Bitcoin and Ether contracts, two products that debuted last year, have gained increasing traction among institutional investors. The surge in interest in advanced derivatives products is driving the development of new contracts. The futures contracts have monthly…
