Key Developments
Singapore Exchange Limited (SGX) has announced the upcoming launch of Bitcoin and Ethereum perpetual futures on November 24, 2025. This strategic move is designed to meet the growing demand from institutional investors for regulated digital asset trading. The introduction of these products aims to bridge traditional finance with the cryptocurrency market, potentially impacting Bitcoin and Ethereum prices through increased institutional engagement and adherence to the Monetary Authority of Singapore's regulatory framework.
SGX Expands Offerings with Perpetual Futures
SGX, Singapore's primary derivatives platform, is introducing Bitcoin and Ethereum perpetual futures specifically for institutional investors. The exchange's objective is to satisfy the increasing institutional appetite for regulated cryptocurrency exposure. These financial instruments will allow for continuous speculation on Bitcoin and Ethereum prices without a fixed expiry date and will operate under the oversight of the Monetary Authority of Singapore.
Loh Boon Chye, CEO of SGX, stated, "SGX Crypto Perpetual Futures offer an innovative, cleared, and trusted way to gain continuous exposure to BTC and ETH, regulated by MAS. Launching November 24, 2025."
Market participants are anticipating that these new futures products will influence the trading dynamics of both Bitcoin and Ethereum. While no significant public statements have been made by key figures at SGX or MAS regarding the launch, this development aligns with a broader trend of financial institutions embracing digital asset classes, following previous successful futures product introductions.
Potential Impact on Crypto Trading Volumes
The introduction of perpetual futures by SGX could significantly enhance trading volumes and market activity within the Asia-Pacific region. This move is comparable to the impact of CME Bitcoin futures in December 2017, which was a crucial step in institutional crypto acceptance and led to a substantial surge in trading volumes.
As of November 17, 2025, Bitcoin (BTC) is trading at $93,840.76, with a market capitalization nearing $1.87 trillion and a dominance of 58.69%. Bitcoin's trading volume has seen a notable increase of 58.10% within the last 24 hours. Despite a price decline of 18.41% over the past 90 days, the circulating supply of BTC is approaching its maximum limit of 21 million, with approximately 19.95 million coins in circulation.
Insights from Coincu's research team suggest that the introduction of perpetual futures may contribute to price stability and further stimulate institutional interest in cryptocurrencies. Historical data indicates that an increase in futures trading activity can correlate with spot price volatility and encourage innovation in financial products.