US SEC approves BlackRock's bitcoin spot ETF option holding and exercise limits to 1 million

On July 15, the U.S. Securities and Exchange Commission announced that the rule change submitted by the New York Stock Exchange on July 6 will take effect immediately, significantly increasing the position limit and exercise limit of BlackRock bitcoin spot ETFIBIT options from 250,000 to 1 million. Ten thousand to meet the rapidly growing demand for IBIT options trading volume and improve market liquidity and market maker capabilities.