Singapore’s SGX exchange to launch open-ended bitcoin futures

New products will not be available to retail investors

10.03.2025 - 16:00

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What’s new? The Singapore Stock Exchange (SGX) will open trading in open-ended bitcoin futures contracts in the second half of 2025, Bloomberg reports. The new financial instrument will be available only for institutional and professional investors.

Material by Bloomberg

What else is known? SGX aims to become a bridge between regulated financial markets and the cryptocurrency sector. The exchange believes its proposal will “significantly expand institutional market access.”

Bitcoin futures are currently awaiting approval from the Monetary Authority of Singapore (MAS), the local central bank.

Perpetual futures, which have no expiration date, are a way for traders to bet on changes in the price of the underlying asset without having to own the asset itself.

SGX is not the only exchange looking to launch bitcoin contracts in the local market: in January 2024, New Jersey-based EDX Markets, a digital asset manager backed by Citadel Securities, announced plans to offer similar instruments in the Singapore market.

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