Singapore Exchange to Introduce Open-Ended Bitcoin Futures

Singapore Exchange SGXT is broadening its range of cryptocurrency derivatives by introducing ended Bitcoin futures. This new offering provides retail investors with an avenue to engage with Bitcoin without the need, for direct ownership.

In contrast, to futures ended contracts do not come with a set expiry date giving traders the freedom to maintain their positions for any desired duration. This adaptable feature can prove beneficial, for investors seeking to oversee their long term investments.

Singapore is solidifying its status as a center, for assets with a regulatory system that fosters both innovation and investor security. This makes the market appealing for crypto related offerings.

The launch of Bitcoin futures trading, at SGX is anticipated to increase market liquidity and draw a number of traders to the cryptocurrency derivatives market in the region. As more institutions embrace assets exchanges globally are working to connect finance with the world of cryptocurrencies.