SEC Approves Rule Change for iShares Bitcoin Trust Options

The U.S. Securities and Exchange Commission (SEC) has recently approved a rule change proposal submitted by the Nasdaq ISE exchange, according to ChainCatcher. The proposal, identified as SR-ISE-2025-26 and amended by the fifth amendment, significantly increases the position and exercise limits for iShares Bitcoin Trust (IBIT) options from 250,000 contracts to 1 million contracts. The SEC stated in its approval order that, after reviewing the data and analysis provided by the exchange, the new limits comply with Section 6(b)(5) of the Securities Exchange Act of 1934. This section aims to prevent fraudulent and manipulative practices while protecting investors and the public interest.