Coinbase Markets announces plans to launch spot trading for ETHGas (GWEI) on February 24, 2026, marking an expansion of the platform’s digital asset offerings. Provided liquidity meets requirements, the GWEI-USD trading pair is expected to open at or after 9:00 AM PT. ETHGas is positioned as a specialized market tool that allows participants to access, manage, and trade blockspace commitments, while also engaging with Ethereum’s base fee. By offering spot trading, Coinbase aims to support strategies closely aligned with network demand, transaction costs, and on-chain activity.
The launch reflects the growing interest in products that help traders and institutions hedge risks, speculate, or access transparent Ethereum blockspace economics within a regulated trading environment, with the goal of improving price discovery, risk management, and overall market efficiency. Investors should monitor liquidity updates, trading parameters, and regional applicability as the activation date approaches, exercising appropriate caution.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Morgan Stanley Launches Spot Crypto Trading on E*Trade with 50-Basis-Point Fee
According to Bloomberg, on May 6, Morgan Stanley launched spot cryptocurrency trading on its E*Trade retail brokerage platform, charging clients 50 basis points on the dollar value of each crypto transaction. The pilot is live now, with all 8.6 million E*Trade clients expected to gain access later t
GateNews4h ago
Consensys CEO: Tokenization Traces Back to Ethereum
Consensys CEO and founder Joseph Lubin stated that tokenization can be traced back to Ethereum, the blockchain he helped co-found.
Lubin's remarks highlight the foundational role Ethereum has played in blockchain development and the emergence of tokenization as a core technology concept in the
CryptoFrontier4h ago
Uniswap Surpasses $3 Trillion in Cumulative Trading Volume on Ethereum
According to Uniswap, the Uniswap Protocol has surpassed $3 trillion in cumulative trading volume on the Ethereum mainnet as of May 6.
GateNews5h ago
Whale "pension-usdt.eth" Faces $19.6M Floating Loss on BTC and ETH 3x Short Positions
Gate News message, whale account "pension-usdt.eth" currently holds $BTC and $ETH 3x short positions with a floating loss exceeding $19.6 million as the market continues to rise. The whale's profit has declined from over $32 million to $10.66 million.
GateNews5h ago
Ethereum Breaks $2,400, Up 1.2% in 24 Hours
According to ChainCatcher, Ethereum (ETH) is currently trading at $2,401.63 against USDT on Gate, up 1.2% over the past 24 hours.
GateNews6h ago
ETH breaks through 2400 USDT
Gate News bot message, Gate market data shows that ETH has broken through 2,400 USDT, with the current price at 2,400 USDT.
CryptoRadar6h ago
