According to @CoinMarketCap, Nasdaq ISE asked the U.S. SEC to raise both position and exercise limits on options for BlackRock’s iShares Bitcoin Trust (IBIT) to 1,000,000 contracts from 250,000, a 300% increase (source: @CoinMarketCap). For traders, the filing highlights a potential expansion in allowable single-entity exposure and capacity in IBIT options if approved, which is directly relevant for BTC-linked derivatives positioning and liquidity management (source: @CoinMarketCap). Monitor the SEC review and IBIT options metrics such as open interest, volume, and spreads for any liquidity shifts tied to this requested limit change (source: @CoinMarketCap).

According to the source, Bloomberg reports BlackRock’s iShares Bitcoin Trust (IBIT) has become the largest BTC options venue with nearly 38 billion dollars in open interest, overtaking Deribit at roughly 32 billion dollars, according to Bloomberg. Bloomberg states these figures offer traders a concrete benchmark to track positioning and liquidity in BTC options.