The Singapore Exchange (SGX) is preparing to launch Bitcoin perpetual futures in the second half of 2025. This move aligns with the growing trend of crypto derivatives, with other major exchanges, such as Japan’s Osaka Dojima Exchange, also planning to introduce Bitcoin futures.
According to reports, SGX aims to enhance institutional access to cryptocurrency markets by offering a secure and regulated futures trading platform. The exchange has a strong reputation and is rated Aa2 by Moody’s Ratings, making it a reliable choice for institutional traders.
However, this service won’t be open to small individual investors yet, as it’s still waiting for approval from Singapore’s financial authority (MAS).
SGX said they want to give big investors a safe and regulated way to trade Bitcoin futures. By keeping small investors out, they ensure the platform stays focused on professionals who can manage risks better.
SGX is not alone in its pursuit of Bitcoin futures. EDX Markets, a crypto asset firm backed by Citadel Securities, also announced plans to launch crypto futures trading in Singapore in early 2025.
This trend reflects a broader movement among financial institutions looking to enter the cryptocurrency derivatives market.
Despite these bullish developments, the overall crypto market remains under pressure. Bitcoin recently dropped to $80,000, dragging down the broader market. Reports suggest that over $678 million in liquidations have occurred, contributing to the market’s instability.
Even with SGX’s upcoming Bitcoin futures, traders remain cautious as macroeconomic uncertainties, such as new U.S. tariffs, continue to impact sentiment.
While institutional adoption is growing, the crypto market still faces challenges that could shape its future direction in the coming months.
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