1 Aug 2025
💰New Position and Exercise Limits Approved for Bitcoin Options
Self-Regulatory Organizations; Nasdaq ISE, LLC; Order Approving a Proposed Rule Change, as Modified by Amendment Nos. 2 and 3, Regarding Position and Exercise Limits for Options on the iShares Bitcoin Trust ETF
Summary
The SEC has approved a proposed rule change from Nasdaq ISE to amend position and exercise limits for options on the iShares Bitcoin Trust ETF. The change replaces the previous 25,000-contract limit with a higher 250,000-contract threshold, promoting enhanced trading flexibility and market liquidity. The rule aims to align regulatory frameworks with evolving market dynamics in cryptocurrency options.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The regulatory text discusses the approval of new position and exercise limits for options on the iShares Bitcoin Trust ETF, which allows for greater flexibility and capacity in trading these financial instruments. This change can enhance liquidity and provide business opportunities for firms dealing with cryptocurrency products.