SGX's bitcoin and ether perpetual futures are now open to U.S. institutions
60-second summary
SGX announces that U.S. institutions can now trade its bitcoin and ether perpetual futures, linking American desks with Asian liquidity pools; the exchange cites regulatory clearance and robust clearing mechanisms, while pricing shows BTC futures near $27,800 and ETH futures around $1,850. This access expands cross‑border participation, likely boosting volume and deepening market efficiency for digital‑asset derivatives.
The Singapore Exchange says U.S. institutions can now trade its bitcoin and ether perpetual futures, a milestone that bridges U.S. trading desks with Asian liquidity.