Bitwise Advisor Jeff Park clarifies that recent claims about "Nasdaq removing IBIT option position limits and granting Wall Street unlimited leverage" are not true. The related adjustment is actually to eliminate the original 25,000 option position limit for FBTC, ARKB, HODL, and Ethereum ETFs, aligning them with the current 250,000 standard limit for IBIT and BITB to correct previous non-standard restrictions on crypto assets. Jeff Park also pointed out that the application to increase the IBIT option position limit to 1 million was submitted in November last year but has not yet been approved, and it still remains at 250,000.