Coinbase derivatives said that a new type of futures contract of the Capital Index will introduce at the end of this month, offering exposure to investors both to leading American technology actions and to the fundamental fund funds in the cryptocurrency stock market (ETF) In a single product.
When launching on September 22, futures of the MAG7 + cryptographic equity index will be the first derivative contracts that quote in the United States to combine traditional actions with digital assets, according to a blog post.
The measure, the company said, marks the expansion beyond those derived from individual assets with multiple asset offers designed to provide investors the thematic exhibition to innovation and growth sectors.
The new index includes ten weighted components equal to 10% each. It consists of the so -called “magnificent 7” actions: Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta and Tesla, together with the Coinbase and two ETF of Crypt actions (Ibit) and Ishares Ethereum Trust (ETHA). Marketvector, known for its crypto and thematic indices, will serve as an official index supplier.
The contracts will be monthly and set in cash, and each represents $ 1 multiplied by the index level. With an index value of $ 3,000, for example, the notional value of a contract would be $ 3,000. The index will be rebalancing quarterly to restore weighting equality in all components.
Coinbase framed the product as a way for investors to manage the risk of multiple assets more efficiently while gaining exposure to both sides of the economy of innovation: technological leaders of Silicon Valley and native blockchain assets.
“The futures of the capital index mark the next evolution of our set of products and pave the way for a new era of multiple asset derivatives,” said the company in its announcement.
The launch occurs in the midst of the growing appetite of investors by cross products that unite the traditional finance and cryptography markets. Coinbase said it plans to expand the availability of contracts to retail users in the coming months, although they will initially trade on partner platforms.
