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Key Insights:
- SGX launched <a href="https://xpertsstudio.com/blackrock-bitcoin-yield-etf-targets-july-launch/” title=”BlackRock Bitcoin Yield ETF Targets July Launch”>Bitcoin and Ether perpetual futures for U.S. institutions, following CFTC approval.
- Spot Ethereum ETFs in the U.S. posted $24.29 million in outflows on September 8.
- ETH crypto is facing some resistance just above $2,600, and the $5,000 monthly breakout is clearly in sight.
Ethereum price is trading near $2,470 as the Singapore Exchange opened Bitcoin and Ethereum perpetual futures to U.S. institutions. Ethereum news expands access to regulated derivatives, while ETF flows remain negative and long-term ETH accumulation remains elevated.
SGX Opens Bitcoin and Ether Perpetual Futures to U.S. Institutions
According to a report, SGX has received CFTC authorization under Regulation 48.10, giving U.S. institutions access to its existing crypto perpetual futures order books. The contracts launched in November 2025 and cover Bitcoin and Ether without fixed expiry dates.
SGX said the products have recorded about $5.8 billion in cumulative volume, equal to roughly 400,000 lots. Bitcoin represented 83% of average daily volume and 66% of open interest at August’s end.
Unlike many crypto-native venues, SGX uses margin calls and additional collateral instead of automatic liquidation during sharp market moves. Trading and clearing remain separate, while clearing members provide another risk-management layer between clients and the exchange.
KC Lam, SGX Group’s head of crypto derivatives, said the authorization connects U.S. traditional finance participants with Asian liquidity pools. U.S. clearing members are now preparing to onboard clients, and the process can take several weeks.
Ethereum ETF Outflows Meet Rising On-Chain Accumulation
Amid this expansion,U.S. spot Ethereum ETFs recorded $24.29 million in net outflows on September 8 Fidelity’s FETH attracted $9.89 million, while Grayscale’s Ethereum Mini Trust posted the largest daily outflow
Spot Ethereum ETFs held about $15.72 billion in net assets after the session, with cumulative net inflows of nearly $13.17 billion.
In the meantime, ETF selling has come while accumulation addresses continue to increase their ETH balances. According to a CryptoQuant chart, their combined holdings are rising toward 23 million ETH after accelerating through 2025 and 2026.
Those addresses generally receive ETH without regularly returning funds to active market circulation. Rising balances can reduce liquid supply, although accumulation does not guarantee a higher Ethereum price.
Ethereum Price Awaits Confirmation Above $2,600
Ethereum now combines expanding institutional derivatives access with mixed ETF activity and elevated accumulation-address balances. SGX’s CFTC authorization creates another regulated route for U.S. institutions to trade Ether exposure, while spot ETFs returned to inflows after one negative session. Neither development guarantees a directional move in the underlying cryptocurrency.
Price confirmation remains the main short-term signal. A sustained break above roughly $2,550-$2,600 could put $3,000-$3,050 back in focus, while weakness below $2,350-$2,360 would undermine the current bullish technical structure. The much higher $5,000 and $25,000 levels belong to a separate long-term analyst scenario.
The coming weeks will show whether U.S. institutions begin using SGX’s newly accessible perpetual market and whether ETF inflows continue. Those data will provide clearer evidence of institutional demand than regulatory access alone. Until then, Ethereum price remains in consolidation below its recent high.
This article is for informational purposes only and should not be considered financial or investment advice. Cryptocurrency markets remain highly volatile. Readers should conduct independent research before making investment decisions.
Source: www.kucoin.com