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Deep Tide TechFlow News, April 30th, according to official documents from the U.S. SEC, the U.S. Securities and Exchange Commission has officially approved the rule change proposal for the NASDAQ ISE exchange, significantly increasing the position and exercise rights limit for iShares Bitcoin Trust (IBIT) options from 250k contracts to 1 million contracts.
The SEC stated that this adjustment complies with the provisions of the Securities Exchange Act and aims to prevent market manipulation and protect investors' interests. This move will provide institutional investors with greater trading flexibility and further enhance the liquidity of the Bitcoin spot ETF options market.