News 
Coin Information 
About us 
Customer Service 
Bitcoin advocate Max Keiser believes the crypto market may be gearing up for a new all-time high, driven by a massive expansion in derivatives linked to BlackRock’s Bitcoin ETF (IBIT). In a recent X post, Keiser noted that Nasdaq’s filing to expand IBIT’s options contracts could dramatically alter market dynamics, calling the move a game-changer for institutional liquidity.
According to Keiser, the 40x growth in options contract size removes the size barriers that previously limited market makers. He had earlier warned that these constraints could trigger price pullbacks, which aligns with the recent market correction. Nasdaq’s request to raise IBIT options limits to 1 million contracts reflects expectations of significantly larger institutional inflows—far beyond what the current market structure supports.
Market analysts share similar sentiments. Expert Jeff Park welcomed the expansion, stating that institutional volume has finally reached levels deserving of a mega-cap derivatives class. He previously argued that the existing 25,000-contract cap was far too restrictive and that hundreds of thousands should be the baseline.
The implications of this expansion could be substantial for Bitcoin’s price trajectory. Keiser and other experts suggest that larger contract sizes will encourage market makers and institutional players to accumulate more BTC to provide deeper liquidity. This could help tighten spreads, strengthen order books, and support higher price levels over time.
Industry analyst Adam Livingston called the development the week’s most important news, noting that Bitcoin’s inclusion in a mega-cap derivatives tier opens the door to new financial engineering opportunities. Banks, for instance, will be able to offer structured products backed by Bitcoin without breaching risk thresholds. JPMorgan’s recently announced Bitcoin-backed structured notes tied to BlackRock’s IBIT underline this shift.
As limits increase, institutional sellers can enter the market more effectively, smoothing short-term volatility and reinforcing long-term bullish momentum. With these structural upgrades, Bitcoin appears closer than ever to testing new all-time highs.
Comment 0