Singapore, November 17, 2025 – The derivatives arm of Singapore Exchange (SGX) (SGXL.SI) announced on Monday that it will launch bitcoin and ether perpetual futures trading on its platform, with the new contracts set to go live on November 24, 2025. The trading will be available exclusively to accredited and institutional investors, SGX confirmed in an official statement.

About Perpetual Futures

Perpetual futures are derivatives that allow traders to speculate on cryptocurrency prices without an expiry date, offering continuous trading access and high leverage. These products have become increasingly popular in fast-moving markets due to their flexibility and ability to hedge positions.

Investors typically use such derivatives to manage risk, amplify returns, or speculate on price movements without owning the underlying cryptocurrency, such as bitcoin or ether.

Market Context and Crypto Performance

Crypto assets have shown strong performance for much of 2025, driven by expectations of greater regulatory clarity and easing measures globally, as well as renewed risk appetite among institutional investors.

• Bitcoin reached record highs in October 2025, fueled by optimism over global adoption and institutional participation.
• However, its rally has stalled recently, as investors have grown cautious amid uncertainties about potential Federal Reserve rate cuts and a slowing U.S. economy.

The launch of SGX’s perpetual futures represents a significant step toward deepening the cryptocurrency derivatives market in Asia, providing professional investors with more sophisticated tools for trading and risk management.

Outlook

Analysts note that the new SGX contracts could increase liquidity and participation in cryptocurrency markets across the region, while offering a regulated avenue for institutional players to gain exposure to bitcoin and ether. The move also underscores SGX’s commitment to expanding its digital asset offerings in line with evolving investor demand.