Nasdaq ISE Requests SEC Approval to Raise IBIT Options Limits to 1 Million Contracts

Nasdaq ISE has filed a proposal with the U.S. Securities and Exchange Commission to increase position and exercise limits for BlackRock's iShares Bitcoin Trust (IBIT) options from 250,000 to one million contracts per side. The exchange cited strong institutional demand and argued the expanded cap would align IBIT with major equity ETF benchmarks. ISE stated the change would pose minimal systemic risk to the underlying bitcoin market.