Nasdaq Applies to Cancel Bitcoin and Ethereum ETF Options Position Limit of 25,000 Contracts

Odaily News Nasdaq has submitted a rule change application to the U.S. Securities and Exchange Commission (SEC), seeking to eliminate the 25,000 contract position limit for spot Bitcoin and Ethereum ETF options, aiming to align crypto ETF option rules with those of other commodity funds.

Nasdaq stated that this move would grant crypto ETF options equal treatment as other commodity options, eliminating unequal restrictions. The SEC has opened a comment period, with a final decision expected before the end of February. (Cointelegraph)