Nasdaq Doubles IBIT Options Limits, Fuels Speculation about Bitcoin’s Valuation

The Nasdaq International Securities Exchange has filed a proposal with the SEC to significantly increase the limits of options contracts tied to BlackRock’s spot Bitcoin exchange-traded fund (IBIT). The proposed change would elevate the limit from 250,000 contracts to 1 million contracts, marking a fourfold increase. Crypto industry expert Adam Livingston views this as a significant milestone for Bitcoin. He states that the increased limits signal a shift toward derivatives trading, a phase anticipated to boost Bitcoin’s price discovery.