How thin weekend Bitcoin liquidity turns minor geopolitical news into massive Monday price gaps for ETF holders

An investor who owns Bitcoin through a brokerage account can finish work on Friday, check the closing price of a spot ETF, and assume the position is done moving for the week.

Bitcoin, however, has other plans.

Between Friday’s close and Monday’s opening bell, Donald Trump can announce a tariff, a war can escalate, oil can jump, a bank can fail, or a government can change the outlook for inflation and interest rates. Bitcoin processes each development across global exchanges while US-listed ETF shares remain outside their normal session.

So when Wall Street finally reopens, the fund doesn’t resume where it finished: its share price has to reflect everything BTC traded during the gap.

Bitcoin moves between wallets and trades on exchanges at any hour without waiting for any market to open.

A spot Bitcoin ETF is a listed fund that holds BTC and tracks its value. It gives investors access through a familiar brokerage account without requiring them to manage private keys, select a crypto exchange, or arrange direct custody.

… Continue reading the full article at the original source below.