Bitwise advisor Jeff Park has addressed recent rumors regarding Nasdaq's IBIT options position limits, clarifying that claims of unlimited leverage for Wall Street are false. Park explained that the proposed changes involve aligning the options position limits for FBTC, ARKB, HODL, and Ethereum ETF with the standard 250,000 contracts limit, rather than removing restrictions entirely. This adjustment aims to correct previously discriminatory rules against crypto assets.
Park also noted that while an application to increase the IBIT options position limit to 1 million contracts was submitted last November, it has not yet been approved. He urged investors to conduct their own research and verify information through reliable sources like the OCC database, confirming that the current limit remains at 250,000 contracts.
Bitwise Advisor Debunks Rumors on Nasdaq's IBIT Options Limits
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