The Singapore Exchange (SGX) has revealed its plans to introduce a lasting future for Bitcoin by the end of 2025, targeting institutions and professional investors.
This shows a strategic move to expand SGX’s suite amid growing global interest in crypto assets. This coincides with the broader trends of traditional financial institutions consolidating cryptographic products.
In particular, unlike traditional futures contracts, permanent futures have no expiration dates. This allows investors to trade continuously based on the direction of Bitcoin price.
Strengthen systemic trust in Bitcoin
Industry leaders believe that SGX’s entry into crypto derivatives is an important step in framing Bitcoin as a legitimate asset.
Darius Sit, founder of Crypto-Asset trading company QCP, said SGX’s Bitcoin products will serve as a powerful signal for institutional investors. Specifically, he argued that Bitcoin helps to position itself as a worthy of consideration as an investment grade tool, rather than as a speculative asset.
Ong Chengyi, policy director at Chain Orisis, reflected this sentiment. Chengyi explained that this is a step towards establishing this movement firmly Bitcoin as a legal investment asset Suitable for inclusion in a professional portfolio.
Shi Le, managing director of Crypto Trading company Auros, pointed out that a lasting future is popular at Crypto Trading Arena. However, SGX products introduce regulated alternatives. Given the familiar and accessible structure, this is more appealing to traditional finance participants.
What’s more, how this product could become an institutional hedging tool. ETFS We brought crypto into mainstream investments.
Furthermore, Chengyi emphasized that the enduring future of Bitcoin in SGX provides a transparent pathway for in-house investors to enter the crypto market, while reducing counterparty risks.
According to Broadridge executive Robert Kruman, the launch could also encourage people to consider offering comparable products for exchanges around the world.
In particular, SGX will prioritize risk management and market integrity as it introduces this new product. Norton Rose Fulbright’s Eteruka Bogardi stressed that exchanges must follow strict procedures under Singapore’s securities and futures laws. These steps include tools such as leverage limits, margin requirements, standardized contracts, and clearing controls.
Looking ahead
With major global financial institutions such as Standard Chartered and Fidelity already operating in Crypto Custody, SGX’s entry into a permanent future may be just the beginning. This launch can inspire further institutional interests and set the stage for broader cryptographic product innovations in regulated markets.
As if Darius in QCP is sitting: “Hopefully this is the first Bitcoin product for many people going forward.”