SEC delays decision on IBIT options position and exercise limits

BlockBeats News, January 8, the U.S. Securities and Exchange Commission (SEC) has designated a longer period to make a decision on a proposed rule change submitted by Nasdaq ISE. The proposal seeks to increase the position and exercise limits for iShares Bitcoin Trust (IBIT) options from the current 250,000 contracts to 1,000,000 contracts. The SEC has extended the decision deadline to February 24, 2026, in order to allow sufficient time to consider the impact on the market of significantly loosening these restrictions.