Singapore Exchange’s derivatives arm is set to shake up institutional crypto trading with the launch of bitcoin and ether perpetual futures on Nov. 24. The exchange says the new products will blend the reliability of global derivatives markets with the flexibility of crypto’s most traded instruments. SGX Group president Michael Syn highlighted that digital assets are now firmly part of institutional portfolios, calling the move a deliberate step toward bringing disciplined, regulated structures to crypto trading.
Perpetual futures—futures contracts without an expiry—are popular among crypto traders for allowing positions to be held indefinitely. These products typically dominate offshore and unregulated markets, generating over $187 billion in daily volume. SGX’s contracts will reference the iEdge CoinDesk Crypto Indices, providing institutions familiar, benchmarked pricing supported by 24/7 data.
Industry leaders, including DBS Bank and OKX, welcomed the launch, calling it a timely expansion of Singapore’s digital asset ecosystem. They said the products will offer institutions more efficient ways to gain crypto exposure while adding transparency and confidence to the market.

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