Nasdaq Proposes Major Increase for Bitcoin ETF Options

The Nasdaq has proposed increasing the options limit on BlackRock’s Bitcoin ETF, aiming to meet the growing demand from institutional investors. The proposal seeks to raise the limit from 250,000 contracts to a substantial 1 million contracts, aligning with the increasing need for Bitcoin derivatives trading strategies by institutional players. This move could boost liquidity and hedging opportunities in the Bitcoin market, further solidifying its place alongside traditional financial instruments like equities.