Interactive Brokers Announces Coinbase Nano Bitcoin and Ethereum Offering
$800 billion AUM Interactive Brokers has launched nano Bitcoin and nano Ethereum futures through Coinbase Derivatives. The contracts come with monthly expirations or perpetual-style options, giving clients a cost-effective way to access crypto and manage risk. The trading will be available 24/7, as per a press release on February 10.
Nano futures are smaller contracts, like 0.01 BTC and 0.10 ETH, which have lower entry costs and allow for more precise position sizing. This lowers the capital required as compared to other crypto futures, making regulated crypto derivatives available to more traders.
Milan Galik, CEO of Interactive Brokers, highlighted the rising interest in perpetual-style crypto futures. “Perpetual-style crypto futures have become popular with traders because they provide long-dated exposure and greater flexibility,” said Milan Galik.
