Coinbase Derivatives has announced the launch of COIN50 perpetual futures contracts, marking a first in the U.S. market for investors to gain exposure to the top 50 digital assets through a single contract. The COIN50 Index, which underpins the contract, tracks the performance of leading cryptocurrencies by market capitalization and liquidity, including Bitcoin and Ethereum. The index is rebalanced quarterly, with a 50% cap on any single asset's weight. This new product will be available to both retail and institutional traders via a regulated futures commission merchant, aiming to simplify trading strategies and align with market trends.