According to Eric Balchunas, the SEC has approved generic listing standards that clear the way for spot crypto ETFs to launch under the 1933 Act without case-by-case hurdles, provided the underlying asset has futures on Coinbase (source: Eric Balchunas/X, Sep 17, 2025). Balchunas notes that roughly 12–15 coins currently meet the Coinbase-futures condition, indicating a pipeline of eligible spot ETF products tied to those assets (source: Eric Balchunas/X, Sep 17, 2025). For traders, the key watchpoints are issuer 1933 Act filings and Coinbase-futures eligible coins for upcoming spot ETF listing activity following this approval (source: Eric Balchunas/X, Sep 17, 2025).

According to Crypto Rover, Coinbase has launched 24/7 trading for Bitcoin and Ethereum futures, significantly expanding access for traders worldwide (Source: Crypto Rover on Twitter, May 9, 2025). This move allows continuous risk management and hedging without interruption, increasing market liquidity and aligning crypto trading with global investor demand. The introduction of round-the-clock futures trading on a regulated platform like Coinbase may drive more institutional participation and set new standards for crypto derivatives markets, potentially leading to increased volatility and trading volumes in both BTC and ETH. This development is seen as a strong bullish signal for the overall cryptocurrency market.