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BREAKING
Nasdaq is preparing a major upgrade for the Bitcoin ETF
The Nasdaq exchange filed an application with the SEC to raise the limits on IBIT options (Bitcoin ETF from BlackRock) to 1,000,000 contracts — the maximum possible level.
What this means:
▫️Much larger positions can enter the market
▫️Market makers, funds, banks, and hedge funds will gain access to volumes that were previously unavailable
▫️If approved, this will become a source of additional liquidity
Through options, large players build complex structures, hedge positions, and bring in capital carefully. Raising the limit is a direct signal that demand for the Bitcoin ETF is huge.
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