Bitwise Advisor Clarifies Rumor: Nasdaq Has Not Canceled IBIT Options Position Limits

Odaily News Bitwise advisor Jeff Park posted a clarification regarding recent market rumors, stating that the claim "Nasdaq has canceled IBIT options position limits, thereby giving Wall Street unlimited leverage" is not true.

Jeff Park stated that the so-called "cancellation of standard limits on crypto assets" does not equate to "having no limits whatsoever." Instead, it is about correcting the previously imposed non-standard, discriminatory rules on crypto assets. The actual content of the relevant document is a proposal to cancel the 25,000 options position cap for FBTC, ARKB, HODL, and Ethereum ETFs, aligning them with the current standard 250,000 position cap applicable to IBIT and BITB, in order to achieve fair competition at the regulatory level.

He further pointed out that the application to increase IBIT's options position limit to 1 million was indeed submitted last November but has not yet been approved. Jeff Park also reminded investors to maintain the habit of independent verification (DYOR), should not readily believe unverified market interpretations, and can personally confirm through the OCC database that the current options position limit for IBIT remains at 250,000.