BITWISE ADVISOR CLARIFIES IBIT OPTIONS LIMIT RUMOR\n\nBitwise advisor Jeff Park refuted market rumors claiming Nasdaq canceled IBIT options position limits, enabling unlimited leverage.\n\nPark clarified that the "cancellation of standard limits on crypto assets" refers to a proposal to increase the 25,000 options cap for FBTC, ARKB, HODL, and Ethereum ETFs to the standard 250,000 limit, aligning them with IBIT and BITB for fair competition.\n\nAn application to raise IBIT\'s options limit to 1 million, submitted last November, has not yet been approved. IBIT\'s current options position limit remains 250,000.\n\n#CryptoETFs