Nasdaq Seeks SEC Approval to Raise IBIT Position Limit to 250K Contracts

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Jan 07 2025

Nasdaq's Proposal: Nasdaq has filed with the SEC to increase the position limit for the iShares Bitcoin Trust ETF (IBIT) from 25,000 to 250,000 contracts, reflecting rising trading volumes and institutional demand for Bitcoin ETFs.
Market Implications: The proposed increase could enhance liquidity, attract more institutional investors, and positively influence Bitcoin's price, although it may face scrutiny from the SEC regarding compliance with market integrity standards.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Nasdaq Seeks SEC Approval to Raise IBIT Position Limit to 250K Contracts

About the author

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