Interactive Brokers (NASDAQ:IBKR) on Tuesday launched Coinbase (NASDAQ:COIN) Derivatives nano Bitcoin and Ether futures with 24/7 trading.
The Crypto Futures Launch
The new contracts come in two formats: monthly expirations or perpetual-style futures that don’t require rolling.
Sizes of 0.01 Bitcoin (CRYPTO: BTC) and 0.10 Ethereum (CRYPTO: ETH) make these products accessible to smaller traders.
The nano sizing lowers barriers as traditional Bitcoin futures require significant capital.
Moreover, these smaller contracts reduce the entry cost while maintaining regulated exchange oversight. Trading runs 24/7 …