13 Aug 2025
đŸ“ˆChange in Bitcoin ETF Options Position Limits and Impact
Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Rules Regarding the Position and Exercise Limits for Options on the iShares Bitcoin Trust ETF, Grayscale Bitcoin Trust ETF, Grayscale Bitcoin Mini Trust BTC, and the Bitwise Bitcoin ETF
Summary
The SEC has published notice regarding the Cboe Exchange's proposed rule change to amend position and exercise limits for options on various Bitcoin ETFs, moving from a restrictive 25,000 contracts to a more flexible limit of up to 250,000 contracts. This alteration aims to improve liquidity and market competitiveness, potentially benefiting investors and market participants.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The document discusses changes to position and exercise limits for Bitcoin ETF options, allowing for a potential increase from 25,000 to 250,000 contracts. This adjustment may enhance market liquidity and competitiveness, impacting trading strategies for businesses involved in options trading.