Coinbase Derivatives Exchange to Launch Bitcoin and Ether Futures for Institutions
Coinbase Derivatives Exchange, a CFTC-regulated derivatives trading platform, is launching institutional Bitcoin and Ether futures contract trading.
According to a June 1 announcement, this offering will commence on June 5, enabling institutional investors to manage risk and target attractive returns with lower fees.
The demand for advanced derivatives increased after Coinbase Derivatives Exchange launched its nano Bitcoin (BIT) and nano Ether (ET) contracts.
Coinbase said it launched the new contracts following the growing institutional interest after launching BIT and ET futures contracts.
According to the exchange, the institutional-sized contracts will offer investors greater precision in managing their crypto exposure and tracking Bitcoin and Ether returns in a capital-efficient way.
Coinbase said in the press release:
“Introducing institutional-sized contracts marks another milestone in our ongoing mission to provide accessible, cutting-edge financial instruments to market participants and underscores our dedication to solutions tailored to the needs of institutional clients.”
Coinbase’s newly launched BTI and ETI futures comprise 1 Bitcoin and 10 Ether, respectively, per contract.
The size allows participants to tailor their exposure to digital assets and commodities. It also allows investors to leverage the highly dynamic crypto market environment for better investment returns.
The contracts do not only offer risk management and enhanced precision, but they also allow participants to pay significantly lower fees than traditional futures offerings. That will enable institutions to maximize capital efficiency.
According to Coinbase Derivatives Exchange, reducing the trading costs aims to increase accessibility and
Read more on cryptonews.com
