BlackRock’s IBIT Gets ‘Mag 7’ Treatment as Nasdaq Pushes for Massive Options Limit Increase
The Nasdaq International Securities Exchange filed with the SEC on Wednesday to quadruple place limits for choices on BlackRock’s spot Bitcoin exchange-traded fund (IBIT). The change is elevating the choices restrict fourfold, from 250,000 contracts to 1 million contracts. Crypto business writer Adam Livingston called it “extremely bullish information” for Bitcoin, including: “This is the transition…
