Cryptocurrency Market Is Active 24/7: Qube, Virtu, and Jump Are Hiring Crypto Traders to Cover Weekends, Too
The 24/7 cryptocurrency market is pushing hedge funds and traditional trading firms to rethink their business hours.
London-based investment firm Qube Research & Technologies is hiring for the role of "Crypto | Quant Trader (Weekend Shift)", which involves a four-day work week and weekend availability. Duties include continuously monitoring trades, analyzing strategy performance and risk, and implementing trading signals.
Unlike traditional financial markets, which operate at specific times and close on weekends, cryptocurrencies never sleep . Significant price movements can occur at any time, even in the middle of the night or on holidays.
It is not the only company moving in this direction. Virtu Financial , a US giant in high-frequency trading, is also looking for a weekend trader in Singapore to cover the crypto market outside of normal hours. Jump Trading had published a similar offer for Chicago, then removed: a sign that the ideal candidate may have already been found.
The increase in weekend active positions reflects a broader trend: traditional financial giants are beefing up their teams and infrastructure so they can operate without disruption.
Brevan Howard’s crypto arm, BH Digital, already has dozens of professionals , including 15 portfolio managers, more than 10 data scientists, and 20 external engineers. Steve Cohen’s hedge fund, Point72, is also expanding: its “Cubist” division is hiring crypto developers in Paris.
According to a report by CoinShares , 7 of the 10 largest holders of Bitcoin ETFs are now hedge funds:
“Hedge funds alone account for 41% of all reported Bitcoin ETF holdings in the 13-F, surpassing financial advisors for the first time.”
Cryptocurrencies continue to show strong volatility over the weekend. In April, prices plummeted after Donald Trump announced tariffs on Friday . The decline continued in the following days: Bitcoin lost 7% of its value, falling from $83,000 to $77,000.
Crypto markets can also become extremely volatile when hacked. With limited liquidity and limited staff, exploits timed for the weekend can trigger rapid sell-offs, leading to sharp price drops.
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