Coinbase Derivatives announced the upcoming launch of its COIN50 perpetual-style futures contract, a first for the U.S. market. This new product will allow investors to gain exposure to a basket of the top 50 digital assets through a single, regulated financial instrument.

This development simplifies diversified crypto investing. The underlying Coinbase 50 Index (COIN50) tracks the performance of the largest and most liquid cryptocurrencies, including Bitcoin and Ethereum, and is rebalanced quarterly. To ensure diversification, no single asset's weight in the index can exceed 50%.

The launch signals a growing demand for regulated, index-based crypto derivatives in the U.S. By offering this simplified tool, Coinbase is catering to both retail and institutional traders looking for broad market exposure without purchasing individual assets.