Coinbase Smashes Trading Hours Barrier—Launches 24/7 Bitcoin & Ethereum Futures in U.S.

Wall Street’s 9-to-5? Not in crypto. Coinbase just flipped the script by rolling out round-the-clock Bitcoin and Ethereum futures trading for U.S. investors—because apparently, market volatility doesn’t take weekends off.

No more FOMO gaps: While traditional finance snoozes, crypto degens now get non-stop action. The move pressures rivals like CME and Kraken to keep up—or get left in the dust.

Bonus jab: Finally, a futures product that matches crypto’s ’always-on’ hype... just in time for the next ’up-only’ narrative.

Coinbase trading via CFTC approval 

Coinbase Derivatives’ infrastructure supports uninterrupted trading and clearing, with all transactions processed through CFTC-approved clearinghouse Nodal Clear. Liquidity is being supported by market Maker Virtu Financial, while firms including ABN AMRO, Wedbush Securities, and Coinbase Financial Markets bolster distribution, the company said. 

Coinbase also plans to introduce perpetual-style futures for U.S. users—currently one of the most popular crypto derivatives globally—within a regulated framework.

This news comes as Coinbase reported first-quarter revenue of $2.03 billion, missing Wall Street’s $2.12 billion estimate, as consumer trading volume dropped 17% from the prior quarter. 

Despite increased stablecoin revenue, adjusted earnings fell to $1.94 per share, and total net income dropped sharply from a year ago.