The SEC approves BlackRock’s Bitcoin spot ETF options positions and raises the exercise quota (exercisable quantity) sharply to 1 million contracts

BlockBeats message: On July 15, the U.S. Securities and Exchange Commission announced that the rule change filed by the New York Stock Exchange on July 6 became effective immediately. The exercise position limit and exercise-related limit for BlackRock’s spot Bitcoin ETF IBIT options were increased substantially from 250,000 contracts to 1,000,000 contracts to meet the rapidly growing IBIT options trading volume, improving market liquidity and the ability of market makers.
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