According to Bloomberg, it is expected to go live in the second half of 2025. It will mark a significant milestone for the exchange’s push into the crypto market.
This move by SGX is big news, as it signals the growing interest in digital assets from traditional financial institutions. Is this good news for Bitcoin futures?
SGX’s Bitcoin Futures to Bridge Traditional Finance and Crypto
Perpetual futures are contracts that allow investors to bet on Bitcoin’s price movements without an expiration date, offering an alternative to more traditional investments. For SGX, the introduction of Bitcoin futures represents a key moment in its efforts to bring cryptocurrency trading into the mainstream financial world.
A spokesperson for the exchange shared that this launch will “significantly expand institutional market access,” bringing more traditional investors into the crypto space. It will offer products that cater to institutional investors looking to hedge their risks and diversify their portfolios.
Source: X
Institutional access to Bitcoin futures could help institutional investors dip their toes into crypto trading while still benefiting from the regulatory oversight that the SGX offers. This product will give them a chance to take a position on Bitcoin’s price without actually holding the cryptocurrency itself.
More About Bitcoin Futures
Bitcoin spot and futures trading volumes have seen a decline over the past five days, largely due to increased price volatility. Spot trading volume fell by 26%, dropping from $12.07 billion on March 6 to $8.93 billion on March 10.
Source: X
This decrease reflects a slowdown in trading activity, as investors may be cautious in the face of fluctuating prices, opting to sit on the sidelines rather than engage in high-risk trades. The volatility in Bitcoin’s price is likely contributing to uncertainty, leading traders to hold back, resulting in lower overall market activity.
Disclaimer
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