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 remove the 25,000 contract position limit for spot Bitcoin and Ethereum ETF options, in order to align cryptocurrency ETF options with the rules governing other commodity funds.

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