According to Bitcoin.com, Nasdaq International Securities Exchange (ISE) filed a request with the U.S. Securities and Exchange Commission (SEC) to increase the position limit for BlackRock Bitcoin ETF (IBIT) options from 250,000 to 1,000,000 contracts. The exchange stated that the increase would allow liquidity providers to offer more liquidity. IBIT currently has nearly 8 million open interest contracts, and the proposed change signals growing institutional demand for Bitcoin. The move also suggests the SEC may view Bitcoin derivatives as mature enough for larger trading volumes.
Nasdaq Seeks to Quadruple Bitcoin ETF Options Position Limit to 1 Million Contracts
Bitcoin.comShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.