Search Results for keywords:"iShares Bitcoin Trust ETF"

The Securities and Exchange Commission has received a proposal from Nasdaq PHLX LLC to allow FLEX Trading in options for the iShares Bitcoin Trust ETF (IBIT). This would enable these options to trade as both cash-settled and physically settled, with a consolidated limit of 25,000 contracts, which aims to prevent market manipulation and protect investors. The proposal is intended to broaden the range of available trading products and better manage investment risks in bitcoin-related products. Public comments are invited on whether this proposal aligns with the Securities Exchange Act's standards.

The Securities and Exchange Commission (SEC) has published a notice regarding a proposed rule change filed by Nasdaq ISE, LLC. The proposed rule change seeks to increase the position and exercise limits for options on the iShares Bitcoin Trust ETF (IBIT) from 25,000 to 250,000 contracts. The reason behind this proposal is to align the limits with the current market capitalization and average daily volume, which demonstrate sufficient liquidity to handle increased limits. The proposed rule change aims to enhance liquidity and market competition while ensuring that adequate surveillance measures are in place to prevent manipulation and protect investors.

Nasdaq ISE, LLC submitted a proposed rule change to the Securities and Exchange Commission (SEC) concerning position and exercise limits and Flexible Exchange Options for iShares Bitcoin Trust ETF. This proposed change was announced in the Federal Register on January 6, 2025. By law, the SEC must decide on the proposed rule change within 45 days, but it has chosen to extend this period to ensure thorough consideration. As a result, the SEC aims to make a final decision by April 6, 2025.

Nasdaq PHLX LLC proposed a change to allow FLEX Trading in the iShares Bitcoin Trust ETF, which was filed with the Securities and Exchange Commission (SEC) on December 26, 2024. The SEC originally had 45 days to decide on this proposal, but has chosen to extend this period to allow for more thorough consideration. The new deadline for the SEC to approve, disapprove, or consider disapproval of the rule change is set for April 14, 2025. This decision allows the SEC more time to assess the proposal and any feedback received.

The Securities and Exchange Commission (SEC) is reviewing a proposed rule change by Nasdaq Phlx, LLC that would allow the trading of FLEX options on shares of the iShares Bitcoin Trust ETF. This rule change would enable these options to be both cash-settled and physically settled. The SEC is considering whether to approve or disapprove the proposal and has invited comments from the public until April 10, 2025. The proposal aims to enhance market flexibility and provide more risk management tools for investors, but the SEC needs more information to ensure it aligns with various legal and market integrity requirements.

On December 20, 2024, Nasdaq ISE, LLC submitted a proposal to the Securities and Exchange Commission to increase the position and exercise limits for options on the iShares Bitcoin Trust ETF (IBIT) from 25,000 to 250,000 contracts. This change aims to reflect the high trading volume and demand for IBIT options, allowing more flexibility for investors and market makers. The proposal suggests that increasing the limits would improve market liquidity and efficiency while ensuring effective regulation. The Securities and Exchange Commission is reviewing this proposal and inviting public comments before deciding whether to approve or disapprove the proposed changes.