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Nasdaq ISE proposes to raise BlackRock IBIT options trading limits from 250,000 to 1 million

Crypto Briefing
Nasdaq ISE proposed raising position limits for options on BlackRock's IBIT Bitcoin ETF from 250,000 to 1 million contracts.

Summary

Nasdaq ISE, LLC has submitted a proposal to the SEC seeking approval to significantly increase the position and exercise limits for options trading on the iShares Bitcoin Trust (IBIT), managed by BlackRock. The proposed change would raise the limit from the current 250,000 contracts to 1,000,000 contracts. The exchange argues that the existing cap has become restrictive due to the rapid growth in demand for IBIT options throughout 2025. Increasing these limits is intended to enhance hedging efficiency, enable income-generating option strategies, and allow market makers to provide deeper liquidity, reflecting surging institutional interest in Bitcoin ETF options as Wall Street expands its crypto derivatives trading.

(Source:Crypto Briefing)