This is last years, also thinking before I place them into the tube Ill use clear heat shrink tube
I use clear heat-shrink tube for mine--but for the purpose of holding the two strips together and keeping the data-return line locked in place (so it doesn't obscure the LED).
I wouldn't keep the bottom open--there's plenty of frost/moisture in the air coupled with the heat from the LEDs to cause problems. And with the wind blowing, it's not uncommon for them to occasionally get blown upside down and caught on branches.
Just seal them up properly in a tube (it's pretty simple). I ran mine submerged in a bathtub for a few hours, just to see if anything would get in--no problems.