New ETF Proposal Targets Bitcoin’s Overnight Returns as Outflows Hit Record Levels

Tidal Trust II has filed with the US Securities and Exchange Commission (SEC) for a Bitcoin exchange-traded fund (ETF) designed to provide exposure when US markets are closed. The filing comes as spot BTC ETFs posted their weakest month on record, marked by heavy outflows and rising concerns about potential price manipulation during the US market open. SEC Filing Reveals ETF That Seeks to Bet on Bitcoin After Hours The Form N-1A, submitted on Tuesday, proposes to add two ETFs to the existing fund. These include Nicholas Bitcoin and Treasuries AfterDark ETF and Nicholas Bitcoin Tail ETF source: https://beincrypto.com/bitcoin-etf-overnight-returns/