[SGX Opens Bitcoin and Ethereum Perpetual Futures to U.S. Institutions, Bridging Asian Crypto Liquidity] BlockBeats News, September 10: The Singapore Exchange (SGX) has received authorization from the U.S. Commodity Futures Trading Commission (CFTC) under Regulation 48.10, allowing U.S. institutional investors to trade its Bitcoin and Ethereum perpetual futures. KC Lam, Head of Crypto Derivatives at SGX, stated that this move connects U.S. traditional financial trading institutions with Asian liquidity pools and signifies the further integration of crypto derivatives into the regulated traditional financial system. SGX launched Bitcoin (BTP) and Ethereum (ETP) perpetual futures in November 2025. As of August this year, the cumulative trading volume has reached $5.8 billion, approximately 400,000 contracts, with an average daily trading volume of about 1,300 contracts and a nominal value of $19 million. Among these, Bitcoin accounts for 66% of the cumulative open interest and 83% of the average daily trading volume. SGX stated that the account opening and access process for U.S. clients typically takes 2 to 4 weeks, with services expected to begin for U.S. clients in the next 1 to 2 months. Unlike native crypto exchanges, SGX employs traditional margin calls and additional collateral mechanisms, with clearing members providing an intermediary risk buffer, and does not accept stablecoins as collateral. SGX's next step is to launch fixed-term futures and options products for Bitcoin and Ethereum and gradually expand to other mainstream crypto assets. [Original Link]