Coinbase launches perpetual-style equity index futures in the U.S. on June 8!

Coinbase is set to launch perpetual-style equity index futures in the United States on June 8, giving traders the ability to go long or short on thematic sector baskets including AI, Defense, China, and Tech. The product brings a derivatives mechanic long familiar to crypto traders — the perpetual contract — into the equity index space on a regulated U.S. venue.

The move is a significant product expansion for Coinbase, blurring the line between crypto-native trading infrastructure and traditional equity exposure. Perpetual-style contracts require no expiry management, making them more accessible to active traders who want directional sector exposure without rolling futures positions.

For the AI and Tech baskets in particular, the timing is notable — both sectors have seen sharp volatility in 2024-2025, and a perp-style instrument lets traders express high-conviction views with tighter…