SEC also approving increasing the position limit of options on $IBIT to 250,000 from 25,000 so 10x increase. Also approving use of FLEX options.

What's amazing is $IBIT's option volume was already $4b a day, which is massive, even more than big dogs $TLT and $HYG. And now the limit has just been raised 10x. This will help bring in bigger institutions and be helpful during volatility. Pretty big.

Chart is from this great piece on IBIT's growing option market and how it threatens crypto exchanges and derivatives via @sidcoins