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
A certain whale opened a long position yesterday with $84 million in BTC and ETH, and today bought an additional $21 million worth of ETH spot.
Gate News Report, March 10 — According to on-chain analyst Yu Yan's monitoring, a whale opened a long position worth $84 million in BTC and ETH on Hyperliquid yesterday (March 9). Today (March 10), they also bought $21 million worth of ETH spot on the chain.
GateNews18m ago
Ethereum transaction fees hit a new low! Averaging under $0.10, L2 scaling enters the ultra-low fee era
Ethereum transaction fees drop to approximately $0.09, thanks to the Dencun upgrade and the promotion of EIP-4844, which facilitate the widespread adoption of Layer-2 and achieve high throughput. Although ETH burn rates have decreased, network activity has reached new highs, indicating that Ethereum has entered a low-fee new era, opening up new opportunities for future application scenarios.
CryptoCity1h ago
SharpLink reports a book loss of $734 million: ETH staking business hits a new all-time high, institutions increase their investments
SharpLink reported a net loss of $734.6 million in fiscal year 2025, primarily due to non-cash accounting expenses and unrealized losses from ETH price declines. Despite strong performance in staking operations and significant growth in operating revenue, there was no noticeable appreciation in the ETH per share metric, and institutional ownership increased. Market interpretations vary, and future development depends on a rebound in ETH prices.
GateNews1h ago
Bitmine transferred 9,600 ETH to the institutional platform, possibly for internal asset rebalancing, staking, or OTC trading.
Bitmine Immersion Technologies recently transferred approximately 9,600 ETH into CEX hot wallets through two transactions, demonstrating confidence in Ethereum. The company's chairman stated that the increased purchases are due to a positive market outlook, and the transferred tokens may be used for internal asset management rather than selling. The company currently estimates an unrealized loss of about $7.8 billion.
GateNews1h ago
Bitmine wallet transferred 9,257 ETH to a CEX today, worth 18.79 million USD.
Gate News Report: On March 10, the wallet labeled as Bitmine (0xD99...555e) transferred an additional 4,308 ETH to a certain CEX two hours ago, worth $8.74 million. Today, this wallet has transferred a total of 9,257 ETH to that CEX, valued at $18.79 million, and the wallet has now been emptied.
GateNews2h ago
