HODL remains the only spot bitcoin exchange-traded product with a full sponsor fee waiver, as VanEck extends its waiver to the first $2.5B in assets until January 10, 2026, the second anniversary of the day the SEC approved the listing of spot bitcoin ETPs
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NEW YORK–(BUSINESS WIRE)–VanEck is today announcing an extension of the waiver of its sponsor fee for the VanEck ETF (HODL), which provides exposure to spot bitcoin. HODL remains the only spot bitcoin ETP with a fee waiver in place that covers the entirety of the sponsor fee. This decision reflects VanEck’s commitment to providing competitive investment opportunities to meet investor needs, particularly as the current bitcoin rally and outlook draw increased interest from investors looking to include bitcoin in their portfolios.
The waiver will remain in place for the first $2.5B in assets until January 10, 2026. This extends the original fee waiver’s timeframe, which had been in place until March 31, 2025, and increases the relevant AUM level, which was previously set at $1.5B. If HODL’s assets exceed $2.5B prior to January 10, 2026, the fee on assets over $2.5B will be 0.20%. All investors will incur the same sponsor fee, which is the weighted average of those fee rates. Under this extension, after January 10, 2026, the sponsor fee will be 0.20%.
“January 10 marks the anniversary of the SEC’s approval of the first U.S.-listed spot bitcoin exchange-traded products”a 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,” said Kyle DaCruz, Director, Digital Assets Product with VanEck. Additionally, HODL is approaching the original $1.5B threshold we had put in place, amid investor enthusiasm for bitcoin’s outlook. With this fee waiver extension, we look to continue empowering investors to explore the potential of bitcoin and digital assets exposure in their portfolios.
Since 2017, VanEck has consistently championed the transformative potential of digital assets. As a leading advocate with deep…
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