SEC Approves Quadrupling of Bitcoin ETF 'IBIT' Position Limits to 1 Million Contracts

SEC Approves Rule Change Proposal

The U.S. Securities and Exchange Commission (SEC) approved a rule change on April 27 submitted by the Nasdaq ISE (Nasdaq ISE, LLC). The rule change officially increases the position and exercise limits for options trading on the iShares Bitcoin Trust ETF (IBIT) from the current 250,000 contracts to 1 million contracts, a fourfold increase...