Max Keiser Predicts Bitcoin Surge After Nasdaq’s IBIT Options Filing

TLDR

Table of Contents

Nasdaq filed to expand BlackRock IBIT options contracts up to 1 million units.
Max Keiser believes the 40x expansion opens the path for a new Bitcoin ATH.
Institutional inflows are expected as the contract size addresses market-maker barriers.
Polymarket gives a 52% chance that Bitcoin will reach $100,000 by year-end.

Bitcoin may be approaching a new all-time high as Max Keiser points to a major development in the derivatives market. Following Nasdaq’s filing to expand BlackRock’s IBIT options contracts by 40 times, expectations are rising for stronger institutional participation. Keiser believes this move removes key barriers for market makers and opens the door to deeper liquidity, potentially pushing Bitcoin to new record levels in the near future.

IBIT Options Expansion May Push Bitcoin Higher

Bitcoin advocate Max Keiser believes a new price peak is now possible. This comes after Nasdaq submitted a filing to expand the number of options contracts on BlackRock’s iShares Bitcoin Trust (IBIT). The filing seeks to raise the limit from 25,000 to 1 million contracts. Keiser said this 40x expansion removes size restrictions that previously limited institutional activity in the market.

He also noted that those restrictions had caused volatility and setbacks in past months. The expansion now allows market makers to hedge larger trades efficiently. That could lead to deeper liquidity and more aggressive participation from institutional investors.

Market Participants Support Nasdaq’s Move

Other market experts agree that the expansion could boost participation. Jeff Park described the previous 25,000 contract limit as “discriminatorily small.” He noted that market volumes had already surpassed the original thresholds. He previously suggested that a minimum of 400,000 contracts was needed to support demand.

With this update, he stated, “The BlackRock Bitcoin ETF options market is finally getting the treatment it deserves.” Analysts say larger contract limits will help structured product providers operate without breaching risk thresholds. It may also allow banks to use Bitcoin in new financial instruments.

Institutional Access and Liquidity to Improve

Financial expert Adam Livingston called the development “the biggest news of the week.” He said that once an ETF enters the mega-cap derivatives category, it unlocks market access that smaller funds cannot offer. Larger contract sizes help market makers provide more liquidity, tighten spreads, and reduce price gaps.

He added that the change lets volume sellers operate more effectively. That could reduce price swings and align flows with broader market direction. JPMorgan is also reportedly preparing to issue Bitcoin-backed structured notes that follow IBIT’s performance.

BTC Price Outlook Strengthened by Derivatives and Fed Policy

Keiser and other analysts see these changes as supportive of higher Bitcoin prices. This optimism comes as Bitcoin recently rebounded from a drop below $82,000. Polymarket data shows a 52% chance of Bitcoin hitting $100,000 before the end of the year. That probability rose by over 17% following BTC’s recovery above $90,000.

The broader economic backdrop also favors the trend. The odds of a Federal Reserve rate cut in December have surged to 85%. That’s up from just 30% the week before. Fed President John Williams’ comments and a softer Producer Price Index (PPI) report suggest easing may come soon. The Fed also plans to end quantitative tightening on December 1, further supporting risk assets like Bitcoin.