US company files for "AfterDark" Bitcoin ETF, holding BTC only during after-hours trading
Jinse Finance reported that Nicholas Financial has submitted a filing to the US SEC, proposing to launch a new type of bitcoin ETF named Nicholas Bitcoin and Treasuries AfterDark ETF (ticker: NGTH). This product will only purchase bitcoin after the US stock market closes and sell it before the next day's opening. If approved, this ETF will introduce a "trading time difference" strategy to bitcoin investment products.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A certain whale staked 25,000 ETH, worth $79.48 million.
dYdX launches Solana spot trading and opens access to US users for the first time
Republic Technologies discloses an additional purchase of 742.4 ETH, bringing total holdings to 1,570.6 ETH
Talus Foundation: US airdrop claim website is now live, claim window open until December 14
Trending news
MoreCrypto prices
More
