19+ hour, 32+ min ago (603+ words) Every US$1 billion that is pulled from Bitcoin ETFs sends prices down by roughly 3.4%: Citi Research [NEW YORK/ MUMBAI] Exchange-traded funds (ETFs) investing in Bitcoin are heading for their worst month of outflows since launching nearly two years ago, piling yet more pressure on a jaded cryptocurrency market." Investors have pulled US$3.5 billion from the US-listed Bitcoin ETFs so far in November, almost equalling the previous monthly record for outflows of US$3.6 billion set in February, said Bloomberg. BlackRock's Bitcoin fund IBIT, which accounts for about 60 per cent of the group's assets, has registered US$2.2 billion in redemptions in November, meaning it will slump to its worst month barring a sharp reversal." The outflows come with Bitcoin itself set for its worst monthly performance since the crypto industry collapse of 2022 " a daisy chain of corporate failures punctuated by the downfall…...

1+ hour, 39+ min ago (1351+ words) They aim to meet rising institutional crypto demand by linking traditional finance and crypto-native ecosystems [SINGAPORE] Cryptocurrencies continue to be on an upward trajectory for most of 2025, with the Singapore Exchange's (SGX) launch of perpetual cryptocurrency futures further reinforcing Singapore's leadership in the digital asset space. First announced in March and launched on Monday (Nov 24), it will make SGX one of the first exchanges in the world to offer such a derivative. Japan's Osaka Dojima Exchange has also reportedly been exploring Bitcoin futures, while US exchanges such as the Chicago Mercantile Exchange and Cboe Global Markets are planning to launch similar products. The launch of Bitcoin and Ethereum futures on SGX aims to meet rising institutional crypto demand by linking traditional finance and crypto-native ecosystems. Perpetual futures account for more than US$187 billion in daily average volumes globally, with Asia…...