Singapore Exchange (SGX) is preparing to introduce open-ended Bitcoin futures contracts in the latter half of 2025, aiming to cater exclusively to institutional investors and professional traders.
While the move reflects growing institutional interest in digital assets, retail participants will not have access to the product.
This development aligns with a broader global trend of increasing crypto adoption, spurred by recent pro-Bitcoin initiatives, including proposals for national crypto reserves.
Japan has also shown interest in launching crypto-backed exchange-traded products, signaling a shift in traditional financial markets.
Despite these bullish advancements, the crypto market has struggled to maintain momentum. Bitcoin saw a sharp decline to $80,000, with major altcoins following suit.
Over $680 million in liquidations and ongoing macroeconomic concerns, including U.S. trade policies, have contributed to the downturn.
Even SGX’s announcement failed to spark a rally, underscoring the market’s unpredictable nature despite growing institutional involvement.
Bitcoin could be on the verge of another major breakout as institutional inflows return to levels that historically trigger rapid price acceleration.
According to on-chain analyst Darkfost, Bitcoin is entering a new stage of on-chain behavior marked by two key developments: a rare third peak in the SOPR Trend Signal during a single bull cycle and a sustained outflow dominance in exchange flows.
According to the latest Santiment report, the crypto market is entering a critical phase, with a mix of bullish on-chain signals and cautionary sentiment indicators.
In a stunning on-chain event that has reignited curiosity across the crypto community, more than $8.6 billion worth of Bitcoin linked to the network’s earliest years—commonly referred to as the “Satoshi era”—was quietly moved on Friday in what analysts believe is the largest single transfer of early-mined BTC ever recorded.