[U.S. SEC Approves Nasdaq ISE to Increase IBIT Options Position and Exercise Limits to 1 Million Contracts] April 30 news: Recently, the U.S. Securities and Exchange Commission (SEC) issued a document formally approving the rule change proposal submitted by the Nasdaq ISE exchange (File No. SR-ISE-2025-26, as amended by Amendment No. 5). The proposal significantly increases the same market direction position and exercise limits for iShares Bitcoin Trust (IBIT) options from the original 250,000 contracts to 1 million contracts. In the approval order, the SEC stated that after reviewing the data and analysis provided by the exchange, it believes the new limits comply with the requirements of Section 6(b)(5) of the Securities Exchange Act of 1934, aimed at preventing fraud and manipulation, and protecting investors and the public interest.