Nasdaq Proposes Raising IBIT Options Limits to One Million Contracts

The Nasdaq International Securities Exchange (ISE) has filed a proposal with the US Securities and Exchange Commission (SEC) seeking to increase the position limits for options on BlackRock’s iShares Bitcoin Trust (IBIT). Currently, the restriction on contract size stands at 250,000 contracts per side. The proposed change would raise this limit to one million contracts. This alignment with major global equity benchmarks like iShares MSCI Emerging Markets (EEM) and iShares China Large-Cap ETF (FXI) signifies a significant shift in IBIT’s liquidity tier.