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Nasdaq Files To Remove Position Limits On Bitcoin, Ether ETF Options

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Nasdaq Files To Remove Position Limits On Bitcoin, Ether ETF Options | 3verseTV
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US exchange Nasdaq has filed a rule change with the Securities and Exchange Commission to remove limits on options tied to spot Bitcoin and Ether exchange-traded funds, in a move to align crypto ETF options with rules applied to other commodity-based funds.

The proposal, filed on Jan. 7 and made effective on Wednesday, lifts the existing 25,000-contract limits on options linked to a range of Bitcoin and Ether ETFs listed on Nasdaq, including products from BlackRock, Fidelity, Bitwise, Grayscale, ARK/21Shares and VanEck, according to the filing.

The SEC waived its standard 30-day waiting period, allowing the rule change to take effect immediately, while retaining the authority to suspend the change within 60 days if it determines further review is warranted.

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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