SEC Extends Review on Nasdaq Proposal to Raise iShares Bitcoin Trust Options Limits to 1 Million Contracts

The U.S. Securities and Exchange Commission extended the review period for a Nasdaq ISE proposal to raise position and exercise limits on iShares Bitcoin Trust (IBIT) options from 250,000 to 1,000,000 contracts, BlockBeats reports. The rule change, filed January 8, now faces a February 24, 2026 deadline as the SEC evaluates potential market impact.