{"id":12520,"date":"2026-08-28T17:34:12","date_gmt":"2026-08-28T17:34:12","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=12520"},"modified":"2026-08-28T17:34:12","modified_gmt":"2026-08-28T17:34:12","slug":"ibit-expirations-return-under-miax-tier-2-rules","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=12520","title":{"rendered":"IBIT expirations return under MIAX Tier 2 rules"},"content":{"rendered":"<p><\/p>\n<div data-single-article-content=\"\">\n<p>MIAX, the U.S. options exchange group, restored Monday and Wednesday short-term expiries for options on BlackRock\u2019s iShares Bitcoin Trust ETF after dropping IBIT from its third-quarter roster.<\/p>\n<p>A MIAX listing alert said the exchange group would begin listing IBIT under a new, lower-threshold Tier 2 framework on Aug. 18, 2026. It named IBIT expirations for Aug. 19, 24, 26 and 31, confirming that the fund returned during Q3 instead of waiting for the next quarterly eligibility review.<\/p>\n<p>IBIT was part of MIAX\u2019s initial January 2026 roster and remained eligible in the second quarter. It then disappeared from the Q3 list published July 1.<\/p>\n<div class=\"cs-article-embed\">\n<p> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Bitcoin ETF calls surge 24-fold as puts fall 52.75%, reaching 1.95M IBIT underlying shares<\/h3>\n<\/p>\n<p> <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\"> <i class=\"fa-light fa-arrow-up-right\"\/> <\/span> <\/div>\n<p>The listed MIAX and SEC notices do not identify which old test caused the removal. BlackRock\u2019s historical fund data imply about $43.23 billion of IBIT net assets on June 30, below the former $50 billion gate but above the new $25 billion threshold. AUM may therefore have been a constraint, but MIAX has not published an IBIT-specific June options-volume count or said that AUM was the sole failed condition.<\/p>\n<h2>How IBIT expirations work under the new tier<\/h2>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-558694\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/08\/exec-7f31aabb-7e76-49c5-ae11-3e80ca9ffa13.png\" alt=\"Comparison of MIAX's former and Tier 2 ETF options thresholds, with the dates IBIT left and returned to Monday-Wednesday expiries.\" width=\"720\" height=\"899\"\/><img decoding=\"async\" class=\"lazyload aligncenter wp-image-558694\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/08\/exec-7f31aabb-7e76-49c5-ae11-3e80ca9ffa13.png\" alt=\"Comparison of MIAX's former and Tier 2 ETF options thresholds, with the dates IBIT left and returned to Monday-Wednesday expiries.\" width=\"720\" height=\"899\"\/><\/p>\n<p>The MIAX Pearl rule notice splits qualifying ETFs into two tiers. Tier 1 keeps the old tests of more than $50 billion in AUM and more than 10 million monthly options sides, and adds Tuesday and Thursday short-term expiries. Tier 2 cuts those gates to more than $25 billion and more than 5 million sides, but is limited to Monday and Wednesday expiries.<\/p>\n<aside id=\"cs-inline-newsletter-1\" class=\"cs-inline-newsletter\" data-inline-newsletter=\"\" data-newsletter-placement=\"article-midpoint\" data-newsletter-pending-label=\"Joining\u2026\" data-newsletter-pending-status=\"Joining the Daily Brief\u2026\" data-newsletter-email-required-message=\"Before sending, please provide your email address.\" aria-labelledby=\"cs-inline-newsletter-1-title\" aria-describedby=\"cs-inline-newsletter-1-copy\">\n<div class=\"cs-inline-newsletter__inner\">\n<div class=\"cs-inline-newsletter__content\"> <span class=\"cs-inline-newsletter__eyebrow\"> <i class=\"fa-regular fa-envelope\" aria-hidden=\"true\"\/> The Daily Brief <\/span><\/p>\n<h2 id=\"cs-inline-newsletter-1-title\" class=\"cs-inline-newsletter__title\">The signal, before the noise.<\/h2>\n<p id=\"cs-inline-newsletter-1-copy\" class=\"cs-inline-newsletter__copy\">Start your day with the crypto stories moving markets, decoded by CryptoSlate\u2019s editors.<\/p>\n<\/div>\n<div class=\"cs-inline-newsletter__form-shell\">\n<p class=\"cs-inline-newsletter__form-heading\">One email. Everything that matters.<\/p>\n<p id=\"cs-inline-newsletter-1-privacy\" class=\"cs-inline-newsletter__privacy\">Free to join. Unsubscribe any time.<\/p>\n<p> <i class=\"fa-regular fa-circle-xmark\" aria-hidden=\"true\"\/> <span>Whoops, looks like there was a problem. Please try again.<\/span><\/p>\n<p> <i class=\"fa-regular fa-circle-check\" aria-hidden=\"true\"\/> <span><strong>You\u2019re on the list.<\/strong> Your next Daily Brief is on its way.<\/span><\/p>\n<\/div>\n<\/div>\n<\/aside>\n<p>Both tiers still require a position limit of at least 250,000 contracts and participation in the Penny Interval Program. IBIT\u2019s actual position and exercise limit was raised to 1 million contracts in May 2026.<\/p>\n<div class=\"cs-article-embed\">\n<p> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Nasdaq\u2019s Bitcoin options win SEC approval, but Wall Street\u2019s real battle is still ahead<\/h3>\n<\/p>\n<p> <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\"> <i class=\"fa-light fa-arrow-up-right\"\/> <\/span> <\/div>\n<p>The expansion does not create IBIT expiries on every business day. Tier 2 allows no more than two Monday and two Wednesday expirations beyond the current week at one time. The contracts are P.M.-settled, and MIAX does not list a Tier 2 expiry on a date that coincides with a standard, monthly or quarterly expiration.<\/p>\n<p>MIAX Pearl filed the change on Aug. 13, 2026. The SEC waived the usual 30-day delay and made it operative upon filing, but retained authority to temporarily suspend the rule within 60 days. The Federal Register notice sets a Sept. 17, 2026, comment deadline.<\/p>\n<div class=\"cs-article-embed\">\n<p> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Bitcoin ETFs inflow streak reaches $2.2 billion in 6 days as assets near $100 billion<\/h3>\n<\/p>\n<p> <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\"> <i class=\"fa-light fa-arrow-up-right\"\/> <\/span> <\/div>\n<p>For traders tracking IBIT expirations, the venue-specific change has already reopened additional Monday and Wednesday short-term expiration dates. It does not amount to a market-wide change in IBIT options, nor does it establish how the new expiries will affect trading volume or Bitcoin volatility.<\/p>\n<\/div>\n<p>ETF,Featured,Bitcoin,regulationBitcoin,ETF,regulation#IBIT #expirations #return #MIAX #Tier #rules1787938452<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MIAX, the U.S. options exchange group, restored Monday and Wednesday short-term expiries for options on BlackRock\u2019s iShares Bitcoin Trust ETF after dropping IBIT from its third-quarter roster. A MIAX listing alert said the exchange group would begin listing IBIT under a new, lower-threshold Tier 2 framework on Aug. 18, 2026. It named IBIT expirations for<\/p>\n","protected":false},"author":1,"featured_media":12521,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[91,231,6570,1886,6571,389,2097,390,6572],"class_list":["post-12520","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ethereum","tag-bitcoin","tag-etf","tag-expirations","tag-ibit","tag-miax","tag-regulation","tag-return","tag-rules","tag-tier"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IBIT expirations return under MIAX Tier 2 rules - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"MIAX restored IBIT expirations on Mondays and Wednesdays under a new Tier 2 framework with lower ETF eligibility thresholds.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=12520\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IBIT expirations return under MIAX Tier 2 rules\" \/>\n<meta property=\"og:description\" content=\"MIAX restored IBIT expirations on Mondays and Wednesdays under a new Tier 2 framework with lower ETF eligibility thresholds.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=12520\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-28T17:34:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/08\/miax-ibit-pathway.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=12520\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=12520\",\"name\":\"IBIT expirations return under MIAX Tier 2 rules - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=12520#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=12520#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/08\/miax-ibit-pathway.jpg\",\"datePublished\":\"2026-08-28T17:34:12+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"MIAX restored IBIT expirations on Mondays and Wednesdays under a new Tier 2 framework with lower ETF eligibility thresholds.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=12520#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=12520\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=12520#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/08\/miax-ibit-pathway.jpg\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/08\/miax-ibit-pathway.jpg\",\"width\":1280,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=12520#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"IBIT expirations return under MIAX Tier 2 rules\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; 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