Nasdaq Seeks to Boost Trading Cap for Options on Top Bitcoin ETF

Nasdaq’s International Securities Exchange proposed quadrupling the daily trading limit for options tied to BlackRock Inc.’s iShares Bitcoin Trust ETF as demand from investors increases.

In a Wednesday filing, the Securities and Exchange Commission said the bourse asked to raise the current 250,000-contract ceiling for the exchange-traded fund, which trades under the IBIT ticker, to 1 million.

“The Exchange notes that the proposed position limits and exercise limits for options on IBIT are consistent with existing position limits and exercise limits for options on iShares MSCI Emerging Markets, iShares China Large-Cap ETF and iShares MSCI EAFE ETF,” the filing ...