Singapore Exchange Derivatives Debuts Bitcoin (BTC), Ether (ETH) Perpetual Futures
Singapore Exchange (SGX) Derivatives is set to launch bitcoin and ether perpetual futures on November 24, 2025. These futures will reference the iEdge CoinDesk Crypto Indices to ensure alignment with established benchmarks used in institutional price discovery. Perpetual futures, which do not have an expiry date, are popular in the crypto market due to their flexibility, allowing investors to hold positions without the pressure of traditional futures rollover deadlines. The announcement reflects a growing trend among institutional investors to include digital assets in their portfolios. According to Michael Syn, president of SGX Group, this move applies institutional discipline to crypto trading, which is vital for market integrity. The perpetual futures are expected to operate similarly to traditional margining and clearing practices, providing transparency and security to institutional traders new to cryptocurrencies. Key industry players, including DBS Bank and OKX, have welcomed this development as a strategic step toward integrating cryptocurrency into broader financial markets.
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