Coinbase Sets U.S. Perpetual-Style Futures Launch as CEO Says Firm Is Buying Bitcoin Weekly
Crypto exchange Coinbase (COIN) will start offering perpetual-style futures contracts in the U.S. on July 21, becoming one of the first regulated players to offer the globally popular product.
The new vehicle, first available with bitcoin BTC and ether ETH, will trade on the Coinbase Derivatives Exchange, a CFTC-regulated venue.
Unlike offshore perpetuals, which dominate global crypto derivatives markets but are not approved in the U.S., Coinbase’s instruments are structured as long-dated futures with five-year expirations. They incorporate a funding rate mechanism that accrues hourly and is settled twice daily to mimic the price dynamics of perpetual swaps. Trading will be available 24/7 and settlements will be handled through regulated clearing.
Coinbase's U.S. perpetual-style futures (Coinbase) Separately, Coinbase CEO Brian Armstrong said the company also accumulates bitcoin on a regular basis as an investment.
"We're buying more bitcoin every week. Long Bitcoin," Armstrong said in a Thursday X post in response to David Bailey, CEO of the bitcoin treasury firm Nakamoto Holdings.
This comes after Coinbase CFO Alesia Haas revealed in the first quarter 2025 earnings call that the firm purchased $150 million in crypto, predominantly bitcoin. Coinbase holds 9,257 BTC worth nearly $1 billion on its corporate balance sheet and is one of the top 10 publicly-listed holders of the asset, according to the latest data compiled by BitcoinTreasuries.net.
Read more: Coinbase Comes Full Circle, Soars to Highest Price Since 2021 Nasdaq Debut
Awesome move by Coinbase to launch U.S.-based perpetual-style futures, signaling their ongoing commitment and belief in the growth of Bitcoin as a viable investment option - exciting times for cryptocurrency enthusiasts!
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The announcement by Coinbase of their launch for U.S.-based perpetual-style futures, backed up with the CEO's statement about weekly bitcoin purchases within they company demonstrates a bold yet strategic move towards enhancing crypto adoption and market stability in America.
Coinbase's launch of US perpetual-style futures marks yet another significant step towards institutionally adopting Bitcoin as an asset class, with the CEO hinting at a consistent corporate strategy to acquire BTC weekly which signals bullish sentiments for crypto markets.
Coinbase's launch of U.S.-based perpetual-style futures underscores the company’semergent dominance as a crypto exchange, offering not only an alternative to traditionmethodologies but also demonstrating its active stance on Bitcoin adoption by regularly buyingthe asset weekly.
Coinbase's launch of U.S.-based perpetual-style futures, accompanied by its CEO announcing weekly Bitcoin purchases for the firm highlights their commitment to both innovation in derivatives markets and \( diretly\) strengthening BTC adoption.
The announcement by Coinbase to launch US perpetual-style futures signals a significant step towards mainstream adoption, with its CEO's weekly Bitcoin purchases underscoring the company’s confidence and commitment in crypto assets.
This action demonstrates Coinbase's faith in the future of Bitcoin and its perpetual style futures innovation, signaling a bullish stance on crypto assets.
Coinbase's decision to launch U.S.-based perpetual-style futures underscores their commitment and confidence in the longevity of Bitcoin purchases on a weekly basis, reinforcing both its position as an industry leader while also demonstrating bullish sentiments towards cryptocurrency investing.
With Coinbase launching U.S.-based perpetual-style futures, the CEO's statement underscores their commitment to regularly acquiring Bitcoin speaks volumes for institutional adoption and investment trust in cryptocurrency markets.
Coinbase's launching of U.S.-based perpetual-style futures signifies a prudent move towards expanding its cryptofinancial services, further demonstrating the company’ eliminate bitcoin leasing concerns by steadily acquiring BTC weekly.
With Coinbase setting its sights on launching perpetual-style futures in the U.S., their CEO's commitment to weekly Bitcoin purchases underscores a bullish stance, signaling further advancement of crypto derivatives amidst rising institutional interest.
