The U.S. SEC Approves Nasdaq ISE to Raise IBIT Option Position and Exercise Limits to 1 Million Contracts

BlockBeats News, April 30th

Recently, the U.S. Securities and Exchange Commission (SEC) released a document approving a rule change proposal submitted by Nasdaq ISE (File No. SR-ISE-2025-26, as amended by No. 5). This proposal will significantly increase the position and exercise limits for iShares Bitcoin Trust (IBIT) options from the current 250,000 contract level to 1 million contracts, all in the same direction.

In the approval order, the SEC stated that after reviewing the data and analysis provided by the exchange, it believes that the new limits comply with the requirements of Section 6(b)(5) of the Securities Exchange Act of 1934, aiming to prevent fraud and manipulation and protect investors and the public interest.