VanEck extends zero-fee waiver for HODL Bitcoin ETF to $2.5 billion or 2026
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VanEck extends zero-fee waiver for HODL Bitcoin ETF to $2.5 billion or 2026
VanEckâs HODL remains the sole real zero-fee Bitcoin ETF amid surging inflows into crypto-connected products.
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VanEck has prolonged the associated fee waiver for its HODL space Bitcoin alternate-traded fund (ETF) to the first $2.5 billion in property or till Jan. 10, 2026, in step with a Nov. 25 assertion.
Under the phrases, investors will now not pay any costs for HODL till the $2.5 billion threshold is reached or till Jan. 10, 2026âwhichever comes first. This marks a well-known extension from the outdated fee waiver closing date of March 31, 2025, based completely on the $1.5 billion asset cap. In response to Farside’s files, HODL’s catch asset cost is roughly $1.33 billion, reflecting a 124% originate bigger since its inception.
Once the $2.5 billion or January 2026 threshold is reached, investors shall be subjected to a 0.20% sponsor fee. Within the meantime, HODL remains the most productive zero-fee space Bitcoin ETF available within the market within the US.
Kyle USruz, VanEck’s Director of Digital Assets Product, stated:
“January 10 marks the anniversary of the SECâs approval of the first US-listed space bitcoin alternate-traded productsâa watershed 2d that we at VanEck had been working in direction of for cease to a decade. It appears to be like fitting to honor that milestone and lengthen the associated fee waiver on HODL with that date in concepts.”
Document inflows
VanEck’s toddle comes amid the persevered solid investor ardour in Bitcoin ETFs no topic their launch over 11 months within the past.
Info from CoinShares displays that space Bitcoin ETFs seen document weekly inflows of $3.13 billion, pushing total inflows since mid-September to $15.2 billion. Year-to-date, inflows into crypto-connected ETPs like reached $37 billion, basically pushed by inflows into Bitcoin.
In response to CoinShares, BlackRock’s iShares Bitcoin Belief (IBIT) dominates the drift, with a year-to-date drift of $33.15 billion, adopted by Fidelity’s Vivid Origin Bitcoin Fund (FBTC) with flows of $11.5 billion.
Conversely, Grayscale’s Bitcoin Belief (GBTC) skilled catch outflows of larger than $20 billion all the strategy in which throughout the identical length.
Nevertheless, these ETFs’ cumulative performance a long way surpasses that of US Gold ETUS, which garnered just $309 million in their debut year.
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