Coinbase launched today, September 22, 2025, the "Mag7 + Crypto Equity Index Futures" product through its Coinbase Derivatives platform. This is the first exchange-traded derivative in the U.S. that combines exposure to traditional stocks (the "Magnificent 7": Apple, Microsoft, Alphabet, Amazon, NVIDIA, Meta, and Tesla) and cryptocurrency ETFs (such as Bitcoin and Ethereum from BlackRock, along with Coinbase stock). The index consists of 10 components with an equal weight of 10% each, and the contracts are cash-settled, rebalanced quarterly. Initially available to institutional investors, with plans to expand to retail in the coming months.