8 Aug 2025
📈SEC Notice on Amending Position and Exercise Limits for Bitcoin ETFs
Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Position and Exercise Limits for Options on the iShares Bitcoin Trust ETF, the Grayscale Bitcoin Mini Trust ETF, the Bitwise Bitcoin ETF, and the Grayscale Bitcoin Trust ETF
Summary
The SEC has published a notice regarding a proposed rule change by Nasdaq to increase the position and exercise limits for options on several bitcoin ETFs from 25,000 to 250,000 contracts. This change aims to foster a more competitive trading environment and enhance liquidity in the options market for these securities.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule changes to amend position and exercise limits for options on ETFs tied to bitcoin could significantly affect trading strategies, liquidity, and risk management for businesses involved in these investments. Specifically, the increase of limits from 25,000 to 250,000 contracts promotes a more competitive market.