Coinbase will launch COIN50 perpetual contract to cover the top 50 cryptocurrency assets

Coinbase announced that it will launch the COIN50 perpetual contract in the United States, allowing investors to gain exposure to the top 50 most valuable and liquid digital assets, including Bitcoin, Ethereum, and emerging tokens, through a single contract. The COIN50 index is rebalanced quarterly, with a maximum weight limit of 50% for individual components. This contract is provided by Coinbase derivatives and can be traded by retail and institutional investors through approved FCM partners.