Core Insights - Interactive Brokers has launched Coinbase Derivatives nano Bitcoin and Ether futures, enabling 24/7 trading [1][2] Group 1: Product Launch - The new futures contracts are available in two formats: monthly expirations and perpetual-style futures that do not require rolling [2] - The nano sizing of these contracts lowers the capital requirements compared to traditional Bitcoin futures, making it more accessible for investors [2] - The perpetual-style futures offer long-dated exposure and flexibility, according to CEO Milan Galik [2] Group 2: Market Impact - Coinbase Institutional Co-CEO Greg Tusar emphasized that the nano sizes allow more investors to engage with digital assets in a regulated environment [3] - IBKR stock has experienced a pullback after reaching highs near $80-$82, but remains above key moving averages, indicating a longer-term uptrend [4] - Near-term pressure is evident as IBKR tests support levels around $76-$77, with key support at $70-$71 aligning with the 50 EMA [5]
Interactive Brokers Expands Bitcoin, Ethereum Trading With Coinbase Cooperation - Interactive Brokers Group (NASDAQ:IBKR)