Summary
- It was reported that the US SEC approved an increase in the option position limit for BlackRock's Bitcoin spot ETF IBIT from 25,000 contracts to 250,000 contracts.
- It was stated that this measure is expected to significantly increase option market liquidity for IBIT.
- It was interpreted that this is a positive signal for derivative investment in Bitcoin ETFs.
On the 29th (local time), Eric Balchunas, a Bloomberg ETF specialist analyst, announced via his X (formerly Twitter) account that "the US Securities and Exchange Commission (SEC) has approved a proposal to raise the option position limit for BlackRock's Bitcoin (BTC) spot exchange-traded fund (ETF) 'IBIT' from the existing 25,000 contracts to 250,000 contracts."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
![[Exclusive] KakaoBank meets with global custody heavyweight…possible stablecoin partnership](https://media.bloomingbit.io/PROD/news/a954cd68-58b5-4033-9c8b-39f2c3803242.webp?w=250)
