Lost in all the fanfare of MSBT launching was that The Bitcoin After Dark ETF NGHT also launched Wed. And it was meh volume first day but big jump on Day Two. Will be fun to compare these two, Day vs Night over the months and years. Our research via @psarofagis has found night did much better, but a) if you hold MSBT you get the day + night returns anyway so it doesn't matter for long term holder of etfs b) by the time they launch an ETF based on some unusual premium it sometimes goes away.. they tried NightShares with S&P and no one cared. Prob if NGHT crushes flows will come, if not, oblivion. MSBT will be a hit regardless bc of distro(Eric Balchunas)