- SGX Derivatives will launch Bitcoin and Ether perpetual futures on November 24, 2025, responding to increased institutional demand.
- These futures contracts allow trading on the spot price without expiration and target accredited and expert investors.
- The offering is regulated by the Monetary Authority of Singapore (MAS), part of Singapore’s cautious crypto regulatory approach.
- This is the second Bitcoin and Ether perpetual futures product in Singapore, following one by EDXM International launched in July 2025.
- Singapore ranks 15th on the global cryptocurrency adoption index by blockchain analytics firm Chainalysis.
The Singapore Exchange’s derivatives platform, SGX Derivatives, announced it will introduce Bitcoin (BTC) and Ether (ETH) perpetual futures contracts on November 24, 2025. These financial derivatives allow investors to trade exposure to the cryptocurrencies’ spot prices without a set expiry, aiming to meet rising institutional interest in digital assets.
According to SGX’s announcement, the new products target “rising institutional crypto demand, converging TradFi and crypto-native ecosystems.” Only accredited and expert investors will be able to trade these perpetual futures, which are regulated by the Monetary Authority of Singapore (MAS).
Perpetual futures are widely traded crypto derivatives globally and could present a significant new revenue source for SGX. This launch represents Singapore’s second offering of Bitcoin and Ether perpetual futures, following the July 23, 2025 debut by EDXM International. EDXM also introduced 44 related trading products, including Solana (SOL) and XRP perpetual futures, as noted in EDXM’s announcement.
Singapore has taken a cautious regulatory stance toward crypto. The Financial Services and Markets Act (FSM) passed in April 2022 expanded MAS’s authority to regulate crypto firms operating outside the country but incorporated in Singapore. The regulator set a June 30 deadline for local crypto service providers to cease offering digital token (DT) services overseas or obtain a license. Companies violating these rules face fines up to $200,000 and possible prison terms up to three years.
Cryptocurrencies are legal in Singapore but are not considered legal tender. Instead, they are classified based on function as digital payment tokens, securities, or utilities. On the global scale, Singapore ranks 15th in cryptocurrency adoption, according to blockchain analytics company Chainalysis.
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