Nasdaq Applies to Cancel Bitcoin and Ethereum ETF Options Position Limits

BlockBeats News, January 23, Nasdaq has submitted a rule change application to the U.S. Securities and Exchange Commission (SEC) seeking to lift the 25,000-contract position limit for Bitcoin and Ethereum spot ETF options to align cryptocurrency ETF options with other commodity fund rules.

Nasdaq stated that this move would level the playing field for cryptocurrency ETF options compared to other commodity options, removing unequal restrictions. The SEC has initiated a review period, and a final decision is expected by the end of February. (Cointelegraph)