SGX Opens Bitcoin and Ether Perpetual Futures to U.S. Institutions

Singapore Exchange (SGX) has opened its bitcoin and ether perpetual futures to U.S. institutional participants, according to CoinDesk. The development gives U.S. trading desks access to derivatives listed on the Singapore exchange and connects them with liquidity in Asian market hours. The products track Bitcoin (BTC) and Ethereum (ETH), offering institutional market participants a way to trade perpetual futures through SGX. The move marks a new link between U.S. institutional activity and Singapore’s digital-asset derivatives market. CoinDesk described the change as a milestone for cross-border access to crypto markets. No trading volumes, price reaction or additional contract details were provided in the supplied report.