U.S. SEC Approves Nasdaq’s Proposal to Raise IBIT Options Position Limit to 1 Million Contracts

According to official documents from the U.S. Securities and Exchange Commission (SEC), the SEC has formally approved Nasdaq ISE’s proposed rule change, significantly raising the same-direction position and exercise limits for iShares Bitcoin Trust (IBIT) options from 250,000 contracts to 1,000,000 contracts. The SEC stated that this adjustment complies with the Securities Exchange Act and is intended to prevent market manipulation and protect investor interests. This move will provide institutional investors with greater trading flexibility and further enhance liquidity in the spot bitcoin ETF options market.