25 Aug 2025
📈SEC Notice on Changes to Bitcoin ETF Position and Exercise Limits
Self-Regulatory Organizations; Miami International Securities Exchange, LLC; Notice of Filing and Immediate Effectiveness of Proposed Change To Amend Exchange Rule 307, Position Limits, and Exchange Rule 309, Exercise Limits To Allow the Exchange To Increase the Position and Exercise Limits for Grayscale Bitcoin Trust ETF, Grayscale Bitcoin Mini Trust ETF, and the Bitwise Bitcoin ETF
Summary
The SEC issued a notice regarding a proposed amendment to position and exercise limits for Bitcoin ETFs. This change aims to enhance trading volume and market competition by increasing the limits from 25,000 to 250,000 contracts, aligning regulations with other exchanges, and addressing potential market manipulation concerns.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The regulatory notice involves compliance requirements regarding position and exercise limits for Bitcoin ETF options, which could significantly affect market operations, liquidity, and competitive practices within financial markets. Adjustments to these rules can influence business strategies and investment decisions for organizations involved in trading Bitcoin ETFs.