R. Shimon Hatemani says: In the merit of circumcision I will split the sea for them, viz. (Jeremiah 33:25) "If not for My covenant, day and night, I would not have made the statutes of heaven and earth." Which covenant obtains both day and night? Circumcision.
Rabbi Shimon Then Asks Which Covenant Operates Both Day and Night
Mekhilta Tractate Vayehi Beshalach 4:9