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Bitcoin News Today: Nasdaq Promotes IBIT Options to Premier Gold Standard Liquidity Level

Bitcoin News Today: Nasdaq Promotes IBIT Options to Premier Gold Standard Liquidity Level

Bitget-RWA2025/11/27 06:30
By: Bitget-RWA
- Nasdaq ISE proposes quadrupling IBIT options limits to 1M contracts, aligning with high-liquidity ETFs like EEM and GLD . - Current 250K contract cap hinders institutional strategies; IBIT now leads Bitcoin options by open interest, surpassing Deribit. - Proposal includes removing FLEX IBIT position limits, enabling customized hedging for large funds, with experts calling it "routine" for high-volume assets. - SEC's December 17 comment deadline precedes potential approval, which could accelerate Bitcoin'

Nasdaq's International Securities Exchange (ISE) has put forward a request to the U.S. Securities and Exchange Commission (SEC) to increase the position and exercise limits for options on BlackRock's

(IBIT) by four times, which would place the product in the same liquidity category as leading global equity benchmarks such as iShares MSCI Emerging Markets (EEM) and SPDR Gold Trust (GLD) . The existing ceiling of 250,000 contracts per side has been described as a constraint, limiting institutional trading strategies and overall market liquidity. maintains that IBIT's swift expansion—now the largest options market by open interest, overtaking Deribit—justifies aligning its limits with those of high-liquidity ETFs . Raising the cap to one million contracts would match the thresholds set for EEM and SPDR Gold Trust, acknowledging IBIT's emergence as a premier asset .

The application, dated November 21, 2025, highlights the surging interest in IBIT, with average daily trading volumes topping 44.6 million shares and a market value of $86.2 billion as of September 2025

.
Bitcoin News Today: Nasdaq Promotes IBIT Options to Premier Gold Standard Liquidity Level image 0
Nasdaq pointed out that even if the full one million contract limit were exercised, it would only represent 7.5% of IBIT's available shares and just 0.284% of the total Bitcoin supply, thus posing minimal systemic risk . The exchange is also proposing to eliminate position limits for physically settled FLEX options, bringing them in line with commodity ETFs such as GLD and SPDR Gold Trust . This adjustment is intended to accommodate large institutional investors seeking tailored hedging solutions, marking a significant step in the broader adoption of Bitcoin derivatives.

The proposal has received positive feedback from industry professionals. Jeff Park of Bitwise Asset Management remarked that the previous limit was "insufficient" for institutional needs, while Eric Balchunas from Bloomberg emphasized BlackRock's influence in advancing Bitcoin ETF development

. Vincent Liu of Kronos Research expects the SEC to approve the change, describing it as a "standard" adjustment for assets with established trading volumes . Experts believe the revision will improve market functionality, resulting in narrower spreads and greater order book depth, which will help major investors hedge and structure products more efficiently .

The SEC is accepting public feedback on the proposal until December 17, 2025

. Should the proposal be approved, it would mark a milestone in Bitcoin's integration into institutional markets, providing a regulated environment for capital deployment and risk control. Analysis from CoinLaw describes the proposal as a turning point, with higher limits expected to draw in hedge funds and other major investors, further cementing Bitcoin's role as a mainstream financial asset .

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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