Singapore Exchange (SGX) has received authorization from the U.S. Commodity Futures Trading Commission (CFTC) to offer its Bitcoin (BTP) and Ethereum (ETP) perpetual futures products to U.S. institutional investors under Regulation 48.10. KC Lam, Head of Crypto Derivatives at SGX Group, stated that this milestone connects U.S. trading platforms with Asian liquidity pools and legitimizes crypto derivatives as a regulated asset class. Since their launch in November 2025, the products have accumulated a trading volume of $5.8 billion.