Singapore Exchange awaits regulatory approval for Bitcoin perpetual futures

The Singapore Exchange (SGX) plans to introduce Bitcoin perpetual futures contracts, as demand for digital assets grows, driven by crypto-friendly policies in the U.S.. Singapore, a key global crypto hub, is strengthening its position in the institutional crypto market.
According to Bloomberg, SGX aims to launch Bitcoin perpetual futures in H2 2025, exclusively targeting institutional and professional investors, with no access for retail traders.
An SGX representative stated that Bitcoin futures could bridge the gap between regulated financial markets and the volatile crypto sector. The exchange believes this initiative could enhance institutional market access, increase liquidity, and improve security for Bitcoin trading.
A Secure alternative for institutional investors
Perpetual futures are derivative contracts that allow investors to speculate on asset price movements without owning the asset itself. Unlike traditional futures, they have no expiration date, allowing positions to remain open indefinitely unless closed by the trader.
Recent crypto exchange failures and digital asset thefts have highlighted significant risks for institutional investors, who prioritize security and counterparty reliability.
To differentiate itself from unregulated crypto platforms, SGX emphasizes its Aa2 credit rating from Moody’s, ensuring a higher level of trust for those looking to trade Bitcoin futures in a regulated environment.
However, before launching Bitcoin perpetual futures, SGX must secure approval from the Monetary Authority of Singapore (MAS), the city-state’s financial regulatory body.
As we wrote, Bybit, one of the world’s leading cryptocurrency exchanges, has announced the listing of five new Inverse Perpetual Contracts on its derivatives trading platform.