Coinbase在美国推出24/7比特币和以太坊期货交易

Coinbase Verivatives LLC确认的这一更改将使交易者随时开放，管理和关闭期货职位

Coinbase is set to make a major shift in how Bitcoin and Ethereum futures work in the United States by enabling 24/7 trading throughout the year.

Coinbase将通过全年启用24/7的交易，对比特币和以太坊期货的运作方式进行重大转变。

Coinbase Derivatives LLC, a subsidiary of the cryptocurrency exchange, has received no-action relief from the Commodity Futures Trading Commission (CFTC) to provide traders with the ability to open, manage, and close futures positions at any time.

加密货币交易所的子公司Coinbase Verivatives LLC已从商品期货交易委员会（CFTC）中获得了不履行的救济，以使贸易商随时开放，管理和关闭期货职位。

This move brings crypto futures trading in the U.S. in line with how it operates in other parts of the world.

这一举动使加密期货在美国与世界其他地区的运作方式保持一致。

Coinbase’s Innovation in a Volatile Crypto Market

Coinbase在挥发性加密市场中的创新

Derivatives trading plays a vital role in the global crypto market, handling 75% of the total trading volume. However, the majority of this activity takes place outside the U.S., where markets remain open continuously.

衍生品交易在全球加密市场中起着至关重要的作用，占总交易量的75％。但是，这项活动的大部分发生在美国以外的地区，那里的市场保持不断开放。

In contrast, U.S. traders have been limited to trading futures during the traditional market hours, preventing them from reacting swiftly to price swings in the volatile crypto market.

相比之下，美国贸易商在传统的市场时间内仅限于交易期货，从而阻止了他们迅速反应到挥发性加密市场的价格波动。

Coinbase’s decision to introduce non-stop futures trading is driven by demand from crypto-native U.S. clients who prefer unconstrained access to futures markets.

Coinbase介绍不间断期货交易的决定是由加密本地客户的需求驱动的，这些客户更喜欢对未来市场的不受限制访问。

The exchange also aims to make regulated futures trading more transparent, competitive, and accessible to a wider range of traders.

该交易所还旨在使受监管的期货交易更加透明，竞争力和更广泛的交易者。

Currently, U.S. futures markets operate on a schedule that doesn’t fully match the 24/7 nature of crypto, which has led to inefficiencies, especially for traders managing exposure in a market that never sleeps.

目前，美国期货市场的运作时间不完全匹配加密的24/7性质，这导致了效率低下，尤其是对于从未入睡的市场管理曝光率的交易者而言。

Coinbase’s move to eliminate these limitations and provide U.S. traders with greater control over their positions at all times is a significant step in aligning U.S. futures trading with how global crypto markets already operate.

Coinbase的举动消除这些限制，并始终为美国交易者提供对其头寸的更大控制，这是使美国期货交易与全球加密市场已经运作的重要一步。

It will also allow traders to access different contract sizes, catering to both retail and institutional traders.

它还将允许交易者获得不同的合同规模，可满足零售和机构交易者的需求。

The company’s goal is to make sure the product meets the CFTC’s requirements. Coinbase has been expanding its network of FCMs (Futures Commission Merchants) and institutional partners to support the upcoming product.

该公司的目标是确保产品满足CFTC的要求。 Coinbase一直在扩展其FCMS（期货委员会商人）和机构合作伙伴网络，以支持即将推出的产品。

Crypto perpetual products are seemingly on the rise globally. As Cryptopolitan reported just a few hours ago, the Singapore Exchange (SGX) is also preparing to launch Bitcoin perpetual futures in the second half of 2025.

Crypto永久产品似乎在全球范围内正在上升。正如几个小时前的Cryptopolitan报道的那样，新加坡交易所（SGX）也准备在2025年下半年推出比特币永久期货。

As for Coinbase, its CEO Brian Armstrong has become one of the closest crypto allies of the Trump administration right now. Brian donated millions to Trump’s campaign and inauguration and was also invited to the White House crypto summit last Friday where he sat very close to the president himself.

至于Coinbase，其首席执行官布莱恩·阿姆斯特朗（Brian Armstrong）目前已成为特朗普政府最接近的加密联盟之一。布莱恩（Brian）向特朗普的竞选活动和就职典礼捐赠了数百万美元，并于上周五被邀请参加白宫加密峰会，在那里他与总统本人非常接近。