U.S. company submits "AfterDark" Bitcoin ETF, only holds Bitcoin when U.S. stock market is closed

BTC-1,6%

According to Jinse Finance, Nicholas Financial has filed documents with the US SEC proposing to launch a new type of Bitcoin ETF called 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 “time lag trading” strategy to Bitcoin investment products.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

NYSE Cancels Crypto ETF Options Position Limit of 25,000 Contracts, SEC Exempts 30-Day Waiting Period

NYSE Arca and NYSE American, subsidiaries of the New York Stock Exchange, have submitted rule changes to the SEC to eliminate position limits on spot Bitcoin and Ethereum ETF options, effective immediately. This change affects 11 cryptocurrency ETFs and allows large, liquid ETFs to have higher position limits. Meanwhile, Nasdaq ISE has proposed increasing the position limit for IBIT exclusive options to 1 million contracts, pending review.

GateNews11m ago

BTC drops below $68,000, with a 24-hour decline of 3.47%

Gate News report: On March 23, BTC/USDT is now trading at 67971.9 USD, breaking below the 68000 USD level, with a 24-hour decline of 3.47%.

GateNews18m ago

Ethereum At the Crossroads – Breaking 0.03250 BTC Is the Key to Reigniting the Altcoin Bull Market

The current state of the crypto marketplace is marked by a profound sense of uncertainty. This state has often been referred to as “no man’s land,” and Bitcoin has consistently been the coin that elevates all others. However, at this moment, the dynamic between Bitcoin and Ethereum, is

BlockChainReporter21m ago

BTC-Gold Gap Reflects Retail vs Central Bank Demand Split, Analyst Says

The 2026 split between gold and Bitcoin is being read through the lens of two distinct buyer groups, according to Stephen Coltman, head of macro at 21Shares, a provider of crypto exchange-traded products. While gold has benefited from a sustained wave of central-bank purchases, Bitcoin remains

CryptoBreaking40m ago

BTC 15-minute rise of 0.49%: ETF fund net inflows and short squeeze liquidations drive gains together

During the period from 2026-03-22 22:15 to 22:30 (UTC), BTC experienced significant volatility within a short-term range, with the 15-minute candlestick recording a +0.49% gain and closing at 68371.1 USDT. The low touched 67861.4 USDT, with an overall amplitude of 0.75%. Short-term market activity was active, market attention increased, trading volume expanded noticeably compared to the previous period, and active capital flows drove this wave of volatility. The main driver of this volatility was continuous inflows into US spot ETFs, as well as BTC net outflows at the exchange level. Specifically, according on-chain data shows,

GateNews1h ago
Comment
0/400
ProceedGraduallyAndSmoothlyvip
· 2025-12-10 10:52
Hop on board!🚗
View OriginalReply0