SGX Moves to Capture Institutional Crypto Demand with New Perpetuals

Responding to growing institutional interest, the Singapore Exchange (SGX) is establishing a regulated bridge to the crypto world. Its derivatives arm confirmed it will list Bitcoin and Ether perpetual futures on November 24, strictly for professional investors.

This strategic move allows large-scale traders to use familiar derivative instruments—known for their leverage and 24/7 trading—to navigate the crypto market without custodial concerns of holding the assets directly.

SGX’s entry into the space comes at a pivotal moment, following a period of regulatory optimism that propelled crypto prices higher, but now faces a test from macroeconomic headwinds and a reassessment of US rate cut timelines.