Regulatory Alert, Trading Alert

MIAX Emerald

August 21, 2025 | 11:56 AM

MIAX Exchange Group - Options Markets - Position and Exercise Limits Increase for Symbols GBTC, BTC, and BITB

MIAX Options, MIAX Pearl Options, MIAX Emerald Options, and MIAX Sapphire Options have increased the position and exercise limits for options on:

  • Grayscale Bitcoin Trust ETF (GBTC)
  • Grayscale Bitcoin Mini Trust ETF (BTC)
  • Bitwise Bitcoin ETF (BITB).
The new position and exercise limits are 250,000 contracts.

Please refer to the following Regulatory Circulars for more information:

MIAX Options RC-2025-59
MIAX Pearl Options RC-2025-60
MIAX Emerald Options RC-2025-58
MIAX Sapphire Options RC-2025-61.
 
Regulatory inquiries should be directed to Regulatory@MIAXOptions.com or (609) 897-7309.