Coinbase is making waves on Wall Street and in Washington, with a dual push into regulated crypto futures and a friendlier regulatory climate sending COIN shares to new highs.
Key Takeaways
- 1Coinbase announced new US-regulated perpetual-style futures for Bitcoin and Ether, launching July 21
- 2Contracts offer 24/7 trading and are designed for both retail and institutional US traders
- 3COIN stock jumped over 6 percent amid optimism from new products and regulatory progress
- 4Analysts see Coinbase as a dominant and misunderstood player in the evolving crypto landscape
Coinbase Taps Into 24/7 Crypto Derivatives Trading
Coinbase is launching US-based perpetual-style futures for Bitcoin and Ether on July 21, 2025, marking a major move into the derivatives space with a regulated and transparent structure. These nano contracts, sized at 0.01 BTC and 0.10 ETH, will be available for trading 24 hours a day, offering capital-efficient ways for US traders to access crypto futures markets without relying on offshore platforms.

The move is being hailed as a strategic step toward reclaiming market share from unregulated global exchanges, particularly as demand for compliant crypto instruments grows.
- The contracts will include five-year expirations
- A dynamic hourly funding rate will align pricing with the spot market
- Settlement will occur twice daily during pre-set windows
Addressing Regulatory Gaps with Domestic Innovation
Coinbase emphasized that these futures are designed to mirror offshore perpetual products while remaining compliant with US standards. By doing so, it seeks to close the regulatory gaps that have pushed many American traders toward international platforms.
The company will also provide secure custody services and risk management tools, targeting both retail and institutional clients. These features, combined with round-the-clock availability, are expected to boost liquidity and lower counterparty risk.
Wall Street Cheers, Analysts Turn Bullish
The futures announcement comes at a time of growing investor enthusiasm, with Coinbase’s stock climbing over 6 percent during Thursday’s trading session. That gain builds on earlier momentum fueled by Senate approval of the GENIUS Act, a bill aimed at establishing a stablecoin framework in the US.
The legislative progress was seen as a signal of clearer rules ahead for digital assets, a critical development for companies like Coinbase.
Adding fuel to the rally, analysts at Bernstein issued a bullish report, reaffirming a Buy rating and increasing their COIN price target from $310 to $510. Analyst Gautam Chhugani wrote that Coinbase is “the most misunderstood company in our crypto coverage universe,” citing its unmatched presence across institutional crypto, stablecoins, and tokenization.
CoinLaw’s Takeaway
Coinbase is betting big on the future of regulated crypto derivatives in the US, and the market is listening. By launching 24/7 perpetual-style futures within a compliant framework, the company is not just expanding its product suite, but also reshaping how American traders interact with crypto markets. Combined with a shifting regulatory climate and growing analyst support, Coinbase appears well-positioned to consolidate its leadership in the US crypto sector.