SEC Approves BlackRock Bitcoin Spot ETF: Options Position and Exercise Limits Raised to 1 Million Contracts

Odaily reported that according to a notice from the U.S. Securities and Exchange Commission, the rule change submitted by the New York Stock Exchange on July 6 has taken immediate effect, increasing the position limit and exercise limit for options on BlackRock's Bitcoin spot ETF, IBIT, from 250,000 contracts to 1 million contracts. This adjustment is intended to meet the growing trading volume of IBIT options and to enhance market liquidity and market makers' trading capabilities.