According to SEC filings, NYSE American has submitted a rule amendment proposal to increase the position and exercise limits for iShares Bitcoin Trust ETF (IBIT) options from 250,000 contracts to 1 million contracts. NYSE American stated that the growing demand for IBIT options trading may lead the current limits to impact investors' hedging and trading strategies, as well as market makers' ability to provide liquidity. The proposal was submitted on July 6 and took effect immediately. The SEC noted that this adjustment aligns with similar IBIT options limit changes proposed or approved by Nasdaq ISE, Nasdaq PHLX, and BOX Exchange LLC. https://(wublock123.com)/news/nyse-american-raises-ibit-options-position-exercise-limit-1m-contracts-64690