Big news for Bitcoin! A big company in Singapore, the Singapore Exchange (SGX), wants to let investors trade Bitcoin futures in 2025. This means they can bet on whether Bitcoin's price will go up or down without actually owning any Bitcoin.
It's like a special kind of trading, only for grown-ups who know a lot about money. Think of it as a prediction market for Bitcoin!
This is exciting because it could make it easier for big investors to trade Bitcoin.
- SGX will offer Bitcoin futures contracts.
- Only professional investors will be allowed to trade.
- The plan is to launch in the second half of 2025.
- Another company, Robinhood, also plans to offer crypto services in Singapore by late 2025.
| Fact | Detail |
|---|---|
| Launch Date | Second half of 2025 |
| Investor Type | Professional Investors Only |
| Robinhood's Plan | Offer crypto services by late 2025 |
