Nasdaq’s International Securities Exchange wants BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) to be treated like Apple Inc (NASDAQ:AAPL), Nvidia Corp (NASDAQ:NVDA) and the SPDR S&P 500 ETF (NYSE:SPY). And it’s making no secret of it, a new filing with the U.S. Securities and Exchange Commission on November 21 asks regulators to raise IBIT’s options position limits from 250,000 contracts to a million.
If approved, IBIT would join the same elite tier as mega-cap equities and the largest index ETFs—a milestone for a product that only debuted in January 2024. More importantly, it would underscore how Bitcoin exposure is transitioning from a “risk-on curiosity” to a core institutional tool.
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