Bitcoin After Hours? This New ETF Thinks the Best Returns Come Late!

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So, Tidal Trust is at it again, folks. They’ve filed a new regulatory proposal, and guess what? They want to hodl Bitcoin, but only during the off-market hours. Yes, you heard that right – while the rest of us are sleeping, these guys are trying to make money. Isn’t that just the dream? 🤔

In a filing with the US Securities and Exchange Commission (because, of course, they need the SEC’s blessing for this genius move), Tidal Trust II submitted a Form N-1A. This could add a couple of Bitcoin-based ETFs to their already mind-boggling collection of funds. The kicker? These ETFs will ONLY trade Bitcoin after the US market closes. Yep, Bitcoin will be chilling in the portfolio while you’re on your couch watching reruns of whatever nonsense is on TV. 📺

Here’s how it works: The plan is to buy BTC when the US market closes, and then sell it the next morning. So basically, it’s like Bitcoin’s version of “sleeping on the job,” except it might actually make you money. It’s as if the traders are saying, “Look, I’m too busy to care about the day-to-day, I’ll just deal with it while everyone’s snoozing.” 🛌💸

In the filing, they say: “When utilizing Bitcoin Futures, the Fund trades these instruments during US overnight hours and closes them out shortly after the US market opens each trading day.” Oh, okay, so you’re just scooping up all that sweet Bitcoin action while we’re all unconscious. Smooth move, right? 😏

And when the market’s not moving, guess what they’ll do? Park their assets in “US Treasuries, money market funds, and other cash equivalents.” Sounds thrilling. Nothing says “big risk, big reward” like parking your assets in something that definitely won’t make headlines. 😂

ETF analyst Eric Balchunas, who definitely has nothing better to do than obsess over this filing, says, “We looked at this last year and found most of the gains are actually after hours.” Of course, Eric, because why work during the day when you can trade when no one else is watching? 🕶️

Now, don’t go thinking this is all set in stone. The SEC has to give its stamp of approval, and it’s possible this whole thing could go poof before it even happens. But hey, if it works, maybe Bitcoin after dark will be the next big thing. Watch out, Wall Street! 🌙

Record outflows from US spot Bitcoin ETFs in November

And while we’re on the subject of Bitcoin ETFs, did you know that November saw record outflows from US spot Bitcoin ETFs? Yeah, around $4 billion. Whoops! BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund led the charge. Guess they’re not the “cool kids” anymore. 😬

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2025-12-10 00:13