The fund targets Bitcoin returns outside US market hours while shifting to Treasuries during the day.
XFUNDS by Nicholas Wealth, actively managed exchange-traded funds (ETFs) issued by Nicholas Wealth Management, has expanded its product range with the launch of an ETF capturing Bitcoin’s overnight trading activity. The fund provides indirect exposure to Bitcoin during overnight periods The Nicholas Bitcoin and Treasuries AfterDark ETF (ticker: NGHT) is listed on the NYSE and follows an actively managed strategy focused on Bitcoin’s price movements outside US market hou