Coinbase Enhances 24/7 BTC and ETH Futures Trading

Coinbase has upgraded its futures service, enabling 24/7 trading for Bitcoin (BTC) and Ethereum (ETH) futures on a CFTC-regulated platform, announced by company executives Brian Armstrong and Emilie Choi, starting May 9, 2025, in the United States. More details can be found in Coinbase Announces 24/7 Trading for Bitcoin and Ethereum Futures.

The upgrade allows U.S. traders to participate in continuous crypto futures trading, enhancing market participation and liquidity, potentially increasing trading volumes during traditionally inactive hours.

The upgrade involves the availability of perpetual-style BTC and ETH futures, enabling round-the-clock trading. The initiative is described by Coinbase as a major step for both retail and institutional investors. The company leadership includes CEO Brian Armstrong and President Emilie Choi, driving the move to engage their client base with crypto-native market hours.

Paul Cusenza, CEO of Nodal Clear, emphasized the importance of robust risk management due to the continuous market structure this upgrade introduces. Access to 24/7 derivatives trading is expected to improve liquidity and market stability in BTC and ETH futures, aligning with global trading hours.

“Extending futures trading to a 24/7 cycle is a fundamental evolution in market structure and one that requires robust risk management around the clock.” — Paul Cusenza, Chairman and CEO, Nodal Clear

The enhancement aligns Coinbase as a leading derivatives platform in the U.S., filling a gap between traditional and crypto market hours. Retail and institutional participants can now manage risk in real time, even during weekends.

This development could sharpen price discovery and trading practices, enhancing the competitiveness of regulated U.S. exchanges in global finance. Increased institutional participation may also affect broader derivatives and liquidity protocols.

By adding continued access to futures markets, Coinbase is expected to influence financial mechanisms tied to Bitcoin and Ethereum. This aligns with a trend towards integrating crypto into traditional finance, regulated under CFTC-approved structures.

For more insights, check 24/7 Futures Trading Now Available on Coinbase Platform.