AfterDark Bitcoin ETF Proposal Aims for 24/7 BTC Trading Beyond U.S. Market Hours

A novel proposal for a Bitcoin exchange-traded fund (ETF), tentatively named 'AfterDark,' is designed to operate exclusively outside of standard U.S. trading hours. This innovative financial product concept seeks to provide investors with exposure to Bitcoin (BTC) price movements during the overnight and pre-market sessions when traditional U.S. markets are closed. The proposed ETF structure highlights the growing demand for continuous cryptocurrency market access, bridging the gap between the 24/7 nature of crypto trading and the conventional 9:30 a.m. to 4 p.m. ET stock market schedule. By focusing on extended hours, the AfterDark Bitcoin ETF could appeal to a global investor base and offer a new tool for risk management and portfolio diversification around the clock. This development underscores the evolving landscape of crypto-based financial instruments following the landmark approval of spot Bitcoin ETFs earlier in 2024.