TechFlow News: On February 8, Jeff Park, advisor to Bitwise, posted a clarification addressing recent market rumors, stating that the claim “Nasdaq has lifted position limits on IBIT options, thereby granting Wall Street unlimited leverage” is false.
Jeff Park explained that the phrase “removing standard restrictions on crypto assets” does not mean “no restrictions at all,” but rather corrects previously imposed non-standard, discriminatory rules targeting crypto assets. The actual content of the relevant filing proposes lifting the 25,000-contract position limit for options on FBTC, ARKB, HODL, and Ethereum ETFs, aligning them with the current standard 250,000-contract position limit applicable to IBIT and BITB—thus ensuring fair competition at the regulatory level.
He further noted that the application to raise IBIT’s options position limit to 1 million contracts was indeed submitted in November last year but remains unapproved as of now. Jeff Park also reminded investors to maintain the habit of doing their own research (DYOR), avoid uncritically accepting unverified market interpretations, and verify the current IBIT options position limit—still 250,000 contracts—directly via the OCC database.
