Crypto Token Tracker logo Crypto Token Tracker logo
CoinGape 2025-03-10 11:43:42

Just-In: Bitcoin Futures Contracts To Launch On Singapore Exchange SGX

The Singapore Exchange (SGX) marked a monumental stride on Monday, revealing plans to list open-ended Bitcoin futures contracts shortly ahead. This mover gained significant traction amid global pro-crypto developments, such as Trump’s push for a strategic Bitcoin reserve and crypto stockpile. SGX To Launch Open-Ended Bitcoin Futures Contracts In 2025 According to a Bloomberg report on March 10, SGX is planning to launch open-ended Bitcoin futures contracts as soon as the second half of 2025. This news was revealed by a company spokesperson via an email, per the report. Notably, this endeavor is set to offer services strictly to institutional clients and professional investors. Meanwhile, retail traders are to be excluded from trading this product. For context, the decision by a prominently established exchange operator to list BTC futures contracts signals a paradigm shift in interest towards cryptocurrencies, coming in an effort to not lag in the global pro-crypto race. So far, Donald Trump’s pro-crypto advancements , such as the BTC reserve and a crypto stockpile announcement, have heated the global race for tapping into crypto’s full potential. Also, CoinGape recently reported that even Japan sought to launch crypto-backed ETPs. Reportedly, Japan sought crypto ETFs launch , as indicated by the ruling party’s recent regulatory proposal about crypto. Besides, it’s noteworthy that regulatory approval from the MAS (Monetary Authority of Singapore) is yet to be secured. Nevertheless, SGX’s plan has echoed a frenzy across the broader market, signaling the growing adoption of cryptocurrencies despite their volatile nature. The post Just-In: Bitcoin Futures Contracts To Launch On Singapore Exchange SGX appeared first on CoinGape .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.