Golden Finance reported that according to a public regulatory filing, Nasdaq has submitted an application to the U.S. Securities and Exchange Commission (SEC) to increase the position limit of the BlackRock Spot Bitcoin ETF (IBIT) from 25,000. increased to 250,000 copies. It should be noted that this application also requires SEC approval to take effect. The position limit refers to the maximum share of the ETF that a single investor or institution can hold. The director of Bitwise Alpha Strategies said: "Considering the increasing trading volume of the ETF, it is reasonable to at least increase the position limit to 400,000 shares. The appeals of Nasdaq and BlackRock are reasonable and supported by factual basis ”