Coinbase aims at institutional investors with larger BTC and ETH futures

Coinbase derivatives exchange is set to launch its institutional-sized bitcoin (BTC) and ether (ETH) futures contracts. The company says the financial instruments will come with enhanced risk management features and lower fees.

Exposing  institutional investors to advanced crypto derivatives

Coinbase derivatives exchange, a CFTC-regulated derivatives platform, has announced the introduction of institutional-sized futures contracts for bitcoin (BTI) and ether (ETI) which will go live on June 5.

With a surge in institutional interest and the demand for derivatives products, these contracts are designed to meet the specific needs of institutional participants seeking to manage their crypto exposure with precision and capitalize on market opportunities, the team claims.

The BTI and ETI futures contracts, sized at 1 bitcoin (BTC) and 10 ether (ETH) per contract, respectively. By reducing trading costs, the exchange aims to enhance capital efficiency for institutional investors.

Coinbase has created partnerships with leading institutional futures commission merchants (FCMs), brokers, and front-end providers.

Coinbase derivatives exchange claims to prioritize transparency and security, creating a safe trading environment for market participants.

This news follows a recent legal development involving former Coinbase product manager Ishan Wahi and his brother Nikhil Wahi. The two individuals reportedly reached a settlement with the  U.S. Securities and Exchange Commission (SEC) over an insider trading case. 

The introduction of institutional-sized bitcoin and ether futures contracts on Coinbase derivatives exchange is an expansion in the company’s product offerings for institutional clients.