SGX to roll out open-ended bitcoin futures listing in H2 this year: report

SGX to roll out open-ended bitcoin futures listing in H2 this year: report

FILE PHOTO: A sign is pictured as people attend a crypto conference, Bitcoin 2024 in Nashville, Tennessee, U.S. July 27, 2024. REUTERS/Kevin Wurm/File Photo

The Singapore Exchange plans to list bitcoin perpetual futures in the second half of 2025, targeting institutional clients and professional investors, Bloomberg News reported on Monday.

The firm thinks its offering will “significantly expand institutional market access”, a spokesperson for firm told Bloomberg. Retail customers would be barred from trading the instruments, the report said.

Reuters

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