The Singapore Exchange (SGX) plans to introduce open-ended BTC$79 402 futures contracts in the latter half of 2025. The decision follows a global wave of pro-crypto initiatives, including Donald Trump’s push for a Strategic Bitcoin Reserve, which was later revealed not to include new purchases.
According to a recent Bloomberg report, the exchange’s upcoming BTC futures product will be exclusively available to institutional and professional investors, excluding retail traders. The move responds to the growing demand for regulated cryptocurrency investment vehicles, mainly from hedge funds and asset managers looking for structured exposure to Bitcoin without the risks of direct ownership.
Notably, the launch remains subject to regulatory approval from the Monetary Authority of Singapore (MAS).
US Bitcoin ETF inflows in 2025
SGX’s plan reflects Singapore’s ongoing commitment to maintaining its position as a leading hub for digital asset adoption. The city-state remains proactive in providing clear regulatory frameworks for the blockchain sector. US-based EDX Markets announced in January that it would introduce crypto futures trading in Singapore. However, the city-state is not alone in the race to establish regulated Bitcoin futures. Japan’s Osaka Dojima Exchange is also seeking approval to list Bitcoin futures, according to a March 4 report.
SGX’s decision to list Bitcoin futures suggests rising institutional confidence in the leading digital currency amid increasing recognition of Bitcoin as a legitimate asset class. Renowned asset management firm WisdomTree recently stated in a report that portfolios with BTC outperform traditional investments. Moreover, Bitwise researchers have forecasted that the US Bitcoin ETF inflows in 2025 would surpass those of 2024, which ended with $33.6 billion in inflows.
Additionally, Spain’s second-largest bank, Banco Bilbao Vizcaya Argentaria (BBVA), has received approval from the Spanish Securities and Exchange Commission (CNMV) to debut Bitcoin trading and custody services in Spain. This adds a layer of authenticity to cryptocurrency trading in the region.
Bitcoin Price Today
This comes despite the ongoing broader crypto market slump since mid-December. Data from CoinMarketCap shows that Bitcoin trades at $82,603.86, down 2% in the past 24 hours. Interestingly, prominent analyst Ali Martinez predicted that if Bitcoin reclaims the $84,000 price level as support. The rally towards a new all-time high at $128K will be possible shortly.
If #Bitcoin $BTC reclaims $84,000 as support, the path could open for a rally toward a new all-time high of $128,000! pic.twitter.com/9E0smY85Qs
— Ali (@ali_charts) March 10, 2025
Meanwhile, the sector leader trades below the 200-day moving average, with traders closely watching the TD Sequential indicator’s risk line at $79,820. Martinez stated that if Bitcoin holds above this threshold, a price rebound can be expected.
Disclaimer
coinz4u is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be considered financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information independently and consult a professional before making decisions based on this content.
