Coinbase will roll out its first derivatives product next week with the launch of so-called "nano" bitcoin futures. In a Thursday blog post, Coinbase Derivatives Exchange — the renamed FairX, which was acquired by Coinbase this year — said it would "launch its first listed crypto derivatives product on June 27, 2022: Nano Bitcoin futures contract (BIT), with each contract sized at 1/100th of a bitcoin." According to a notice on the Coinbase Derivatives website, the initial offering is a USD-settled index future. Key to the launch is that the futures will be available via brokerages rather than through Coinbase ... (full story)