BlackRock’s IBIT Gets ‘Mag 7’ Treatment as Nasdaq Pushes for Massive Options Limit Increase
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The Nasdaq International Securities Exchange filed with the SEC on Wednesday to quadruple position limits for options on BlackRock’s spot Bitcoin exchange-traded fund (IBIT). The exchange is raising the options limit fourfold, from 250,000 contracts to 1 million contracts.
Crypto industry author Adam Livingston called it “incredibly bullish news” for Bitcoin, adding:
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Revolutionary Bitcoin ETF Expansion: Nasdaq Pushes for 400% Options Limit Increase
A quiet Nasdaq move just rewired how Wall Street treats Bitcoin
BlackRock’s IBIT Gets ‘Mag 7’ Treatment as Nasdaq Pushes for Massive Options Limit Increase
Share:
The Nasdaq International Securities Exchange filed with the SEC on Wednesday to quadruple position limits for options on BlackRock’s spot Bitcoin exchange-traded fund (IBIT). The exchange is raising the options limit fourfold, from 250,000 contracts to 1 million contracts.
Crypto industry author Adam Livingston called it “incredibly bullish news” for Bitcoin, adding:
In This News
Share:
In This News
Share:
Read More
Revolutionary Bitcoin ETF Expansion: Nasdaq Pushes for 400% Options Limit Increase