VanEck Bitcoin ETF
HODL
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Cryptocurrency
- Address
- 666 Third Avenue, 9th Floor New York NY United States of America 10017
- IPO Date
- Jan 11, 2024
- CIK
- 0001838028
- Website
- vaneck.com
- Similar Companies
- Business
- VanEck Bitcoin ETF (HODL) is a spot Bitcoin exchange-traded fund that seeks to reflect the performance of Bitcoin's price, less the Trust's operating expenses, by holding physical Bitcoin in cold storage with a qualified custodian. The ETF provides investors with cost-efficient, regulated exposure to Bitcoin through exchange-traded shares backed 100% by the cryptocurrency, without the need for direct ownership or management; it trades on the Cboe BZX Exchange under the ticker HODL and is part of VanEck's broader digital assets product lineup, which includes related offerings such as the VanEck Ethereum ETF (ETHV) and Bitcoin Strategy ETF (XBTF). Issued by VanEck, a New York City-based asset manager founded in 1955 and headquartered at 666 Third Avenue, the ETF primarily serves institutional and retail investors seeking passive cryptocurrency exposure within traditional brokerage accounts. The fund's core holding consists solely of Bitcoin, representing 100% of net assets, with total assets under management reaching approximately $1.40 billion as of December 17, 2025; shares are physically backed, secured offline to mitigate cyber risks, and the ETF tracks the MarketVector Bitcoin Benchmark Rate or spot Bitcoin price for transparent performance mirroring. Launched on January 4, 2024, with public trading commencing January 11, 2024, following U.S. Securities and Exchange Commission approval and seeded with $72.5 million—the largest initial allocation among spot Bitcoin ETFs at the time—HODL marked VanEck's entry into spot crypto ETPs after years of advocacy. Recent major changes include a 4-for-1 forward share split effective February 14, 2025, to enhance investor accessibility by adjusting share price and liquidity; multiple extensions of the sponsor fee waiver, now covering the entire fee on the first $2.5 billion in assets through July 31, 2026 (with 0.20% thereafter), positioning HODL as the only zero-fee spot Bitcoin ETF during this period; and recognition as Best New Ticker in the 2025 ETF.com Awards amid assets growing beyond $1.3 billion. VanEck, managing over $113 billion in assets as of late 2024 across ETFs, mutual funds, and institutional accounts with global operations including Europe, Asia, and Australia, continues expanding its digital assets segment, including the November 2025 launch of the zero-fee Solana ETF (VSOL) and a $30 million venture fund for fintech and crypto innovation.