NYSE Arca lifts ETF‑options caps

NYSE Arca filed the rule change on March 10, 2026 seeking amendments to Exchange Rules 5.32‑O, 5.35‑O and 6.8‑O that the SEC published for notice in the Federal Register. (federalregister.gov) The filing names 11 specific funds covered by the proposal: Grayscale Bitcoin Trust; Grayscale Bitcoin Mini Trust; Bitwise Bitcoin ETF; iShares Bitcoin Trust; Fidelity Wise Origin Bitcoin Fund; ARK21Shares Bitcoin ETF; Grayscale Ethereum Trust ETF; Grayscale Ethereum Mini Trust ETF; Bitwise Ethereum ETF; iShares Ethereum Trust ETF; and Fidelity Ethereum Fund. (federalregister.gov) The SEC published the notice in the Federal Register on March 23, 2026 after NYSE Arca’s March 10 submission, and regulators waived the customary 30‑day waiting period to allow the filings to take immediate effect under Rule 19b‑4(f)(6). (federalregister.gov) The proposal explicitly amends FLEX‑option rules and applies Commentary.06 to Rule 6.8‑O, bringing treatment for these crypto‑linked ETF options into alignment with the exchange’s standard position‑limit framework for other ETF options. (sec.gov) A precedent note: the SEC earlier granted relief for Grayscale’s product in a July 29, 2025 order (Release No. 103567), and Nasdaq ISE separately proposed raising IBIT’s position and exercise limits to 1,000,000 contracts in SR‑ISE‑2026‑01. (sec.gov) NYSE American filed parallel rule changes on March 10 for the same group of funds, a step analysts described as completing the industry‑wide harmonization of crypto‑ETF options rules across major U.S. options venues. (theblock.co)