Major US exchanges recently submitted rule change applications to regulators, marking a significant move—removing the trading restrictions on options related to spot Bitcoin and Ether ETFs. This proposal was submitted on January 7th and officially took effect on Wednesday. Specifically, the previous limit of 25,000 contracts has been completely abolished.

More importantly, regulators responded quickly, skipping the standard 30-day observation period and allowing the rules to take effect immediately. However, they retained the right to suspend the rules within 60 days, which is standard procedure. The exchanges' goal is clear: to treat options trading on digital assets and other qualified listed products equally.

Regulators are now open for public comment, with a final decision expected by the end of February. Notably, this exchange is increasingly active in the crypto market—from promoting tokenized stocks to launching unified crypto indices. These policy adjustments not only expand institutional investors' operational space but also reflect the gradual integration of digital assets into the mainstream financial system.