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Interactive Brokers Expands Bitcoin, Ethereum Trading With Coinbase Cooperation

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Interactive Brokers Expands Bitcoin, Ethereum Trading With Coinbase Cooperation

Interactive Brokers (NASDAQ:IBKR) on Tuesday launched Coinbase (NASDAQ:COIN) Derivatives nano Bitcoin and Ether futures with 24/7 trading.

The Crypto Futures Launch

The new contracts come in two formats: monthly expirations or perpetual-style futures that don’t require rolling. 

Sizes of 0.01 Bitcoin (CRYPTO: BTC) and 0.10 Ethereum (CRYPTO: ETH) make these products accessible to smaller traders.

The nano sizing lowers barriers as traditional Bitcoin futures require significant capital.

Moreover, these smaller contracts reduce the entry cost while maintaining regulated exchange oversight. Trading runs 24/7 except Fridays 5-6 p.m. Eastern Time for maintenance.

CEO Milan Galik said perpetual-style futures provide long-dated exposure and flexibility.

Coinbase Institutional Co-CEO Greg Tusar noted the nano sizes give more investors ability to engage with digital assets in a regulated environment.

IBKR Price Update

IBKR stock is pulling back after reaching highs near $80-$82. 

The stock remains above the 100 EMA at $68.22 and 200 EMA at $62.87, keeping the longer-term uptrend intact.

However, near-term pressure is building. IBKR slipped below the 20 EMA at $74.04 and now tests the 50 EMA at $71.14. 

The Supertrend at $79.39 remains bullish but the breakdown shows fading momentum.

Additionally, IBKR hit the upper boundary near $80-$82 before pulling back—normal behavior after testing channel highs. 

The stock now tests support at the channel’s middle around $76-$77.

Key support appears at $70-$71, aligning with the 50 EMA and a horizontal support zone.

The 100 EMA at $68 represents the final defense.

Breaking below $70 and violating the lower channel trendline would signal the rally is losing steam.

Image: Shutterstock

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