Nasdaq Maintains Position Limits on IBIT Options Amid Rumors

Bitwise advisor Jeff Park has addressed recent rumors regarding Nasdaq's position limits on IBIT options. According to NS3.AI, Park clarified that Nasdaq has not removed these limits. The current proposal under discussion seeks to standardize position limits for cryptocurrency ETFs, setting a cap of 250,000 for FBTC, ARKB, HODL, and Ethereum ETFs, similar to the existing limits for IBIT and BITB. Jeff Park highlighted that a request to increase the IBIT options limit to 1 million has been submitted but remains unapproved. He urged investors to independently verify information to avoid misinformation.