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Coinbase will launch new bitcoin and ether futures contracts next week, which the company says will offer lower fees for investors.
Coinbase’s derivatives exchange, which is regulated by the Commodity Futures Trading Commission, will launch the new futures contracts on Monday. They'll be available through leading third-party institutional futures commission merchants and brokers.
“BTI and ETI futures, sized at 1 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,” Coinbase said in a blog post.
"With the launch of these institutional-sized USD-settled contracts, we look to empower institutional participants with greater precision in managing crypto exposure, expressing directional views, or tracking Bitcoin and Ether returns in a capital-efficient way," the company said.
https://www.theblock.co/post/232990/coinbase-institutional-bitcoin-ether-futures-contracts
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