In the midst of a collapse in the market for digital assets, cryptocurrency exchange Coinbase is launching a derivatives product next week. On June 27, Nano bitcoin futures, the exchange's first listed product, will go live. Investors will be able to purchase contracts linked to the potential value of a tenth of a bitcoin. It will be reachable through clearing companies and independent retail brokers.
Futures contracts can be used as a hedge for trading techniques by institutional and retail traders alike because they are smaller in size and need less upfront cash than regular bitcoin ...
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