15 Aug 2025
📈Nasdaq BX Proposes Rule Change on Bitcoin ETF Options Limits
Self-Regulatory Organizations; Nasdaq BX, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Position and Exercise Limits for Options on the VanEck Bitcoin ETF
Summary
Nasdaq BX, Inc. has filed a notice to amend its options position and exercise limits for the VanEck Bitcoin ETF, proposing a limit of 25,000 contracts. This rule change aligns the exchange with previous approvals from other exchanges, aiming to ensure a uniform trading environment for these options. The proposed change is now effective, seeking public comments.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change regarding the position and exercise limits for options on the VanEck Bitcoin ETF indicates regulatory compliance requirements. Businesses involved in trading these options must align their practices with the new 25,000 contract limit, impacting their trading strategies and potentially their risk management protocols.