A new financial proposal introduces a Bitcoin ETF that will hold Bitcoin exclusively during nighttime hours, refraining from investing in Bitcoin during U.S. trading hours. This approach is based on observed trends indicating that most Bitcoin price increases occur outside traditional market hours. ETFs (Exchange-Traded Funds) offer retail investors an accessible means to invest in specific assets, and Bitcoin ETFs have gained popularity in recent years as a relatively safer and simpler alternative to direct cryptocurrency investment. Unlike traditional financial markets that operate during fixed hours, digital assets like Bitcoin trade 24/7. Under this proposal, the ETF would invest in Bitcoin only at night, capitalizing on the tendency for positive price movements during that time. While this represents an innovative investment strategy, it carries risks, as the ETF would not benefit from price changes during daytime hours, making its returns dependent on specific periods. Investors should carefully consider how suitable this ETF is compared to conventional Bitcoin investments. This initiative reflects ongoing efforts to foster innovation and diversify investment options within the crypto market, highlighting the growing significance of cryptocurrencies in the global financial system.
Source: coindesk
