“Mag7 + Crypto Equity Index Futures Are Coming to the Crypto Exchange on September 22.”, – WRITE: www.coindesk.com
Launching Sept. 22, The MAG7 + Crypto Equity Index Futures Will Be The FIRST US-LITTED DERIVATIVES CONTRACTS TO Combine Traditional Equities with Digital Assets, Accounting To A Blog Post.
The MOVE, SAID The Company, Marks Expansion Beyond Single-Asset Derivatives Into Multi-Asset Offers Designed to Give Investors TheMatic Exposure to Innovation and Growth Sectors.
The New Index Includes Ten Components Weighted Equally at 10% Each. IT consists of the so-called “Magnificent 7” stocks-Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta and Tesla-Along with Coinbase’s Own Stock and TwoC (IBit) and ishares etereum trust (ETHA). Marketvector, Known for ITS Crypto and TheMatic Indexes, Will Serve As The Official Index Provider.
Contracts will be monthly and cash-settled, with each repressenting $ 1 Multiplied by the Index Level. AT An Index Value of $ 3,000, For Example, The Nocial Value of One Contract Wound Be $ 3,000. The Index Will Be Rebalanced Quarterly to Restore Equal Weighting Across All Components.
Coinbase Framed The Product As a Way for Investors to Manage Multi-Asset Risk More Efficient Efficiency While Gaining Exposure to Both Sides of the Innovation Economy-Silicon Valley TECHER.
“Equity Index Futures Mark the Next Evolution of Our Product Suite and Pave the Way for a New Era of Multi-Asset Derivatives,“ The Company Said In Itnouncement.
The Launch Comes Amid Growing Investor Appetite for Crossover Products that Bridge Traditional Finance and Crypto Markets. Coinbase SAID IT Plans to Expand Availliness of the Contracts To Retail USERS IN THE MONTHS AHEAD, TUUGH they Will Initial Trade on Partner Platforms.
Crypto options Platform Powertrade Reports That Traders Are Betting on A Strong Year-Ear-End Rally in Several Altcoins, Including Sol, Xrp, Trump, Hype, Link.
- Crypto options Platform Powertrade Reports Traders Are Betting on a Strong Year-end raly in Several Altcoins, Including Sol, Xrp, Trump, Hype, Link.
- The Exchange Saw Over $ 1 Billion in Trading Volume in August, With 68% In Call Options, Indicating Bullish Sentiment.
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