Bitcoin’s Midnight Snack: New ETF Wants to Cash In While You Sleep 😴💰

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Tidal Trust files for Bitcoin AfterDark ETF, aiming to capture Bitcoin’s overnight gains during U.S. non-trading hours.

 

Oh, Tidal Trust is back again, trying to outsmart the market by trading Bitcoin while we’re all asleep? How very 21st-century Jekyll and Hyde! Their new “Bitcoin AfterDark” ETF is basically a financial version of a midnight snack-except instead of cookies, they’re hoarding BTC between 10 PM and 7 AM. 🌙💸

This fund’s grand plan? Buy Bitcoin after U.S. markets close, hold it until dawn, then sell it like a tired barista handing off their shift. The theory is that while we’re all dreaming of coffee and memes, Bitcoin’s out there doing its chaotic, volatile thing. Classic.

Structure of the Bitcoin AfterDark ETF

The Bitcoin AfterDark ETF will purchase Bitcoin after U.S. market hours and sell it the next morning. The fund will hold Bitcoin overnight and focus on capturing price changes that happen when U.S. markets are closed.

During the day, the fund will switch to safer investments, such as U.S. Treasuries and money-market funds. So it’s like a financial version of “cat nap” – sleep it off during the day, party all night. 🐱💤

This strategy minimizes risk during the day while targeting the overnight price movements of Bitcoin. The idea is to balance exposure to Bitcoin with more stable, low-risk assets during regular trading hours. As the fund focuses on nighttime trading, it hopes to tap into Bitcoin’s volatile but often profitable off-hour performance. Because who needs sleep when you can gamble with other people’s money? 🎲

Historical Gains Outside U.S. Market Hours

Bitcoin has historically seen significant price movements outside of U.S. market hours, according to data from Eric Balchunas. He pointed out that many of Bitcoin’s strongest gains happen when U.S. markets are closed. As a result, the Bitcoin AfterDark ETF could perform better than traditional Bitcoin ETFs, which trade throughout the day.

BITCOIN AFTER DARK: new filing for an ETF that will only hold bitcoin at night, buying it when the US market closes and selling it when it opens.

– Eric Balchunas (@EricBalchunas)

According to the illustrious Eric Balchunas (because who better to trust with crypto wisdom?), Bitcoin has been busy making gains while we’re all stuck in our 9-to-5s. By focusing on this period, the Bitcoin AfterDark ETF aims to capture the gains that are often missed by other funds. Because apparently, the only time Bitcoin feels like being rational is when we’re all asleep. 🌌

Related Reading: Strategy Confirms Latest Buy Of 10,624 BTC for $962 Million – Because Why Not Just Buy a Small Country?

SEC’s Growing Acceptance of Crypto ETFs

Tidal Trust’s filing for the Bitcoin AfterDark ETF comes at a time when the SEC is becoming more open to crypto-related ETFs. In September, REX Shares launched the first Ethereum Staking ETF, offering exposure to Ethereum with staking rewards. Similarly, BlackRock recently filed for a Staked Ethereum ETF, showing continued interest in crypto-based investment products.

The SEC’s increasing acceptance of crypto ETFs is significant for the future of Bitcoin investment vehicles. This trend signals that more crypto-focused funds may receive approval in the coming months. If the Bitcoin AfterDark ETF is approved, it could become one of the first to focus exclusively on Bitcoin’s overnight performance. Because nothing says “financial innovation” like trading while you’re in bed. 🛏️🚀

Bitcoin AfterDark ETF seeks to capture Bitcoin’s potential gains during U.S. off-hours. By focusing on overnight movements, it hopes to offer an innovative way to invest in Bitcoin. If approved, this fund could provide an exciting new option for crypto investors-or just another way to lose money while you sleep. Either way, it’s a win for chaos. 🎉

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2025-12-10 20:52