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GUSD
3.8%
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Launch
CandyDrop
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10K+ Skills
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According to an SEC filing, NYSE American submitted a rule change proposal to raise the position limit for iShares Bitcoin Trust ETF (IBIT) options, along with the corresponding exercise limits, from 250k contracts to 1 million contracts. NYSE American said that demand for IBIT options trading continues to grow, and that the current limits may affect investors’ hedging and trading strategies, as well as market makers’ ability to provide liquidity. The proposal was filed on July 6 and took effect immediately; the SEC said the change is consistent with similar IBIT options limit adjustments that Nasdaq ISE, Nasdaq PHLX, and BOX Exchange LLC have proposed or approved.