The Nasdaq ISE has proposed to raise the holdings limit for IBIT options to 1 million contracts.

On November 27, CoinWorld reported that the Nasdaq ISE has proposed to raise the options position limit for the BlackRock Bitcoin Spot ETF IBIT from 250,000 contracts to 1,000,000 contracts, having increased this limit from 25,000 contracts in July 2025. Analysts say this proposal releases three significant signals: 1. Surge in demand: ISE states that demand for IBIT options will continue to grow in 2025, and the current limit restricts large institutional operations; 2. Bitcoin enters the “elite” asset class: The 1,000,000 contracts position limit only applies to globally systemic ETFs such as EEM and FXI, indicating that Bitcoin is being viewed as a macro core asset; 3. Release of tens of billions in hedging space: The existing limit of 25,000 contracts only supports about $125 million in positions for hedging, which is far from sufficient to meet the needs of institutions such as sovereign funds or pensions. If the proposal is approved, it will unlock options hedging capabilities at the level of over $1 billion for them.