Nasdaq promotes significant increase in option limits, BlackRock’s IBIT is treated as “Mag 7”
Nasdaq plans to increase position limits on options contracts for BlackRock’s flagship Bitcoin ETF. The Nasdaq International Stock Exchange on Wednesday filed a petition with the SEC to quadruple the position limits for BlackRock’s Spot Bitcoin Exchange Traded Fund (IBIT) options. The exchange is quadrupling the option limit from 250,000 contracts to 1 million contracts….
