Coinbase has introduced 24/7 trading for Bitcoin (BTC) and Ethereum (ETH) futures contracts on its CFTC-regulated derivatives exchange, starting May 9, 2025. This marks the first time retail and institutional U.S. traders can access continuous leveraged crypto futures trading within a regulated environment.
This move bridges U.S. trading hours with the global cryptocurrency market, providing broader real-time market access while aligning U.S. infrastructure with international standards. The offering includes both nano and large-sized contracts to accommodate various trader profiles and is expected to expand the competitiveness of the U.S. derivatives market. Coinbase has also announced plans to soon launch perpetual-style futures.
Alongside futures developments, Coinbase has newly listed PAX Gold (PAXG), Space and Time (SXT), and made Pendle (PENDLE) available to New York residents, while disabling trading for Gemini Dollar (GUSD) and GYEN, though withdrawals remain possible. The initiative comes as Coinbase continues close collaboration with the CFTC to ensure compliant innovation, aiming to offer traders cutting-edge risk-management tools on a continuously accessible basis.