The New Exchange Bitcoin and Ethereum Perpetual Futures cumulative trading volume has reached $250 million.

BlockBeats News, December 9th, according to CoinDesk, the Singapore Exchange (SGX) Bitcoin and Ethereum perpetual futures have reached a total trading volume of $250 million since their launch two weeks ago. SGX President Michael Syn stated that these products have attracted new liquidity rather than funds transferred from other exchanges. Institutional investors primarily use these regulated contracts for spot-futures arbitrage trading rather than simple longing.