Coinbase seeks regulatory approval to launch 50-60 single-stock perpetual futures in the U.S., allowing traders leveraged exposure to major tech stocks without direct ownership.
Coinbase filed to list single-stock perpetual futures, expanding its derivatives business and potentially boosting trading volumes.
Apple is one of the underlying stocks for Coinbase's proposed single-stock perpetual futures, but the news has no direct impact on Apple's fundamentals.
Microsoft is one of the underlying stocks for Coinbase's proposed single-stock perpetual futures, but the news has no direct impact on Microsoft's fundamentals.
Tesla is one of the underlying stocks for Coinbase's proposed single-stock perpetual futures, but the news has no direct impact on Tesla's fundamentals.
Nvidia is one of the underlying stocks for Coinbase's proposed single-stock perpetual futures, but the news has no direct impact on Nvidia's fundamentals.
Coinbase has filed with the CFTC to introduce single-stock perpetual futures to the U.S. market, aiming to offer leveraged exposure to equities like Apple, Microsoft, Tesla, and Nvidia. These derivatives, which track asset prices without expiration dates, represent a significant expansion of the exchange's onshore derivatives business as it seeks to capture 24/5 trading volume.
They are derivative contracts that track the price of an individual stock without an expiration date, allowing traders to maintain positions indefinitely provided they meet margin requirements.
No, holding these contracts confers no shareholder rights, dividends, or actual ownership of the underlying equity; they provide only price exposure.