{"id":9293,"date":"2024-11-25T21:02:16","date_gmt":"2024-11-25T18:02:16","guid":{"rendered":"https:\/\/news.coinsbtm.com\/?p=9293"},"modified":"2024-11-25T21:02:16","modified_gmt":"2024-11-25T18:02:16","slug":"vaneck-extends-zero-fee-waiver-for-hodl-bitcoin-etf-to-2-5-billion-or-2026","status":"publish","type":"post","link":"https:\/\/news.coinsbtm.com\/?p=9293","title":{"rendered":"VanEck extends zero-fee waiver for HODL Bitcoin ETF to $2.5 billion or 2026"},"content":{"rendered":"

VanEck<\/a> has extended the fee waiver for its HODL<\/a> spot Bitcoin<\/a> exchange-traded fund (ETF) to the first $2.5 billion in assets or until Jan. 10, 2026, according to a Nov. 25 statement<\/a>.<\/p>\n

Under the terms, investors will not pay any fees for HODL until the $2.5 billion threshold is reached or until Jan. 10, 2026\u2014whichever comes first. This marks a significant extension from the previous fee waiver deadline of March 31, 2025, based on the $1.5 billion asset cap. According to Farside\u2019s data, HODL\u2019s net asset value is approximately $1.33 billion, reflecting a 124% increase since its inception.<\/p>\n

Once the $2.5 billion or January 2026 threshold is reached, investors will be subjected to a 0.20% sponsor fee. In the meantime, HODL remains the only zero-fee spot Bitcoin ETF available in the US.<\/p>\n

Kyle USruz, VanEck\u2019s Director of Digital Assets Product, said:<\/p>\n

\n

\u201cJanuary 10 marks the anniversary of the SEC\u2019s approval of the first US-listed spot bitcoin exchange-traded products\u2014a watershed moment that we at VanEck had been working towards for close to a decade. It seems fitting to honor that milestone and extend the fee waiver on HODL with that date in mind.\u201d<\/p>\n<\/blockquote>\n

Record inflows<\/h2>\n

VanEck\u2019s move comes amid the continued strong investor interest in Bitcoin ETFs despite their launch over 11 months ago.<\/p>\n

Data<\/a> from CoinShares shows that spot Bitcoin ETFs saw record weekly inflows of $3.13 billion, pushing total inflows since mid-September to $15.2 billion. Year-to-date, inflows into crypto-related ETPs have reached $37 billion, primarily driven by inflows into Bitcoin.<\/p>\n

According to CoinShares, BlackRock\u2019s iShares Bitcoin Trust (IBIT)<\/a> dominates the flow, with a year-to-date flow of $33.15 billion, followed by Fidelity\u2019s Wise Origin\u00a0Bitcoin Fund (FBTC)<\/a> with flows of $11.5 billion.<\/p>\n

Conversely, Grayscale\u2019s Bitcoin Trust (GBTC)<\/a> experienced net outflows of more than $20 billion during the same period.<\/p>\n

Nevertheless, these ETFs\u2019 cumulative performance far surpasses that of US Gold ETUS, which garnered just $309 million in their debut year.<\/p>\n

The post VanEck extends zero-fee waiver for HODL Bitcoin ETF to $2.5 billion or 2026<\/a> appeared first on CryptoSlate<\/a>.<\/p>\n

\u200b\u00a0\u00a0<\/p>","protected":false},"excerpt":{"rendered":"

VanEck has extended the fee waiver for its HODL spot Bitcoin exchange-traded fund (ETF) to the first $2.5 billion in assets or until Jan. 10, 2026, according to a Nov. 25 statement. Under the terms, investors will not pay any fees for HODL until the $2.5 billion threshold is reached or until Jan. 10, 2026\u2014whichever […]<\/p>\n","protected":false},"author":0,"featured_media":9294,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"\nVanEck extends zero-fee waiver for HODL Bitcoin ETF to $2.5 billion or 2026 - CoinsBTM News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.coinsbtm.com\/?p=9293\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"VanEck extends zero-fee waiver for HODL Bitcoin ETF to $2.5 billion or 2026 - CoinsBTM News\" \/>\n<meta property=\"og:description\" content=\"VanEck has extended the fee waiver for its HODL spot Bitcoin exchange-traded fund (ETF) to the first $2.5 billion in assets or until Jan. 10, 2026, according to a Nov. 25 statement. 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has extended the fee waiver for its HODL spot Bitcoin exchange-traded fund (ETF) to the first $2.5 billion in assets or until Jan. 10, 2026, according to a Nov. 25 statement. 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