Bitwise Advisor Clarifies Rumors: NASDAQ Has Not Removed IBIT Option Position Restrictions

Odaily Planet Daily reports that Bitwise advisor Jeff Park issued a statement clarifying recent market rumors, stating that the claim “Nasdaq has canceled IBIT option position limits, thereby giving Wall Street unlimited leverage” is not true.

Jeff Park explained that the so-called “removal of standard restrictions on crypto assets” does not mean “no restrictions at all,” but rather corrects previous non-standard and discriminatory rules imposed on crypto assets. The relevant documents actually indicate an intention to lift the 25,000 option position limit on FBTC, ARKB, HODL, and Ethereum ETFs, aligning them with the current standard position limit of 250,000 for IBIT and BITB, to ensure fair competition at the regulatory level.

He further pointed out that an application to increase the IBIT option position limit to 1 million was indeed submitted in November last year, but has not yet been approved. Jeff Park also reminded investors to maintain independent research habits (DYOR), not to trust unverified market interpretations, and to verify through the OCC database that the current IBIT option position limit remains at 250,000.