What is the VanEck Bitcoin Trust?

NEW YORK, January 11, 2024 -- ( BUSINESS WIRE )-- VanEck is today launching the VanEck Bitcoin Trust, an exchange traded fund (ETF) that provides spot bitcoin exposure under the ticker, HODL. HODL will be competitively priced with an expense ratio of 0.25%.

Does VanEck have exposure to bitcoin?

Please note that VanEck has exposure to Bitcoin. We often refer to Bitcoin as “digital gold” because, like the metal, it is a potential store of value. Like gold, Bitcoin’s characteristics include: Limited supply: Maximum supply of 21 million. This scarcity means that the price could move upward as adoption increases.

Who is VanEck & why should you invest in Bitcoin?

Just as VanEck has been at the forefront of gold investing, VanEck has played a pivotal role in shaping the broader adoption of Bitcoin including being the first established ETF issuer to file for a Bitcoin-linked ETF. “ We Celebrate Bitcoin Builders - Not Tourists." — Jan van Eck, January 10, 2024, following the SEC's spot bitcoin ETF approval.