Coinbase Derivatives LLC COIN Launches 24/7 Trading for Bitcoin BTC/USD and Ethereum ETH/USD Futures

The move expands access for traders who previously had to operate within limited weekday hours despite the continuous nature of the broader crypto market.

Coinbase Derivatives LLC (NASDAQ:COIN) has announced the launch of 24/7 trading for Bitcoin (BTC) /USD and Ethereum (ETH) /USD futures, marking the first time a CFTC-regulated exchange in the U.S. will offer around-the-clock access to leveraged crypto derivatives.

What Happened: This move expands options for traders who must now operate within limited weekday hours despite the continuous nature of the broader crypto market.

The shift will allow both retail and institutional market participants to trade crypto futures at any time, including weekends and overnight sessions.

Until now, such access was only available through offshore platforms or unregulated exchanges.

The new offering aims to align with the non-stop price activity typical of cryptocurrencies.

The contracts will be cleared through Nodal Clear, a CFTC-regulated clearinghouse.

The exchange's infrastructure has been designed to accommodate this uninterrupted trading activity, according to public statements. However, market participants will still face the same regulatory obligations as in traditional trading environments.

Market makers including Virtu Financial will be providing liquidity on the platform.

Moreover, access to these products is being distributed through registered Futures Commission Merchants (FCMs), such as ABN AMRO, Wedbush Securities, and Coinbase Financial Markets.

Why It Matters: This expansion marks a key adjustment as U.S. derivatives markets adapt to crypto-specific trading habits.

While digital asset exchanges globally have operated round-the-clock for several years, most U.S.-based regulated derivatives products have maintained traditional weekday operating hours.

The futures contracts listed under this new offering are standard monthly-settled products.

According to Coinbase, perpetual futures, widely used in the crypto space due to their non-expiring design, are being explored for a future launch.

This addition would bring one of crypto’s most heavily traded products into a regulated U.S. environment for the first time.