Share this article
VanEck Temporarily Cuts Bitcoin ETF Fee to Zero After Lagging in Assets
HODL, VanEck’s spot bitcoin exchange-traded fund (ETF), has so far attracted a little over $305 million in assets, which is far below most of its competitors.
Updated Mar 11, 2024, 6:18 p.m. Published Mar 11, 2024, 6:16 p.m.
- VanEck will drop the management fee for its spot bitcoin ETF, HODL, until March 31, 2025.
- Previously, it had charged a 0.2% fee, which is below that of its competitors.
VanEck will temporarily cut the management fee to zero for its spot bitcoin exchange-traded fund (ETF), HODL, as its assets are well below some of its competitors.
The asset manager said it will drop the fee until March 31, 2025, unless the fund reaches $1.5 billion in assets before that date, VanEck noted in a post on social media platform X.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
HODL previously charged investors a fee of 0.2%, which was already one of the lowest among the competitors. For example, BlackRock, Fidelity, Invesco, WisdomTree, and Valkyrie charge 0.25%. Only Franklin Templeton charges a lower fee of 0.19%.
While VanEck claims that the fee drop is because it believes in bitcoin "so much," it's possible that a less successful start of the fund, compared to its competitors, might have played a role in it.
HODL currently manages just over $305 million in assets under management (AUM), while most other funds have long crossed the $1 billion mark. BlackRock’s iShares Bitcoin Fund (IBIT) currently stands at $13 billion in AUM, the most among the issuers, excluding Grayscale’s Bitcoin Trust (GBTC), which already had almost $30 billion lined up when it joined the race.
Read more: Bitcoin ETF Fees Will Play Critical Role in the Race to Popularity
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Turkey's Paribu Buys CoinMENA in $240M Deal, Expanding Into High-Growth Crypto Markets
With the acquisition, Paribu gains regulatory foothold in Bahrain and Dubai and access to the region's fast-growing crypto user base.
What to know:
- Paribu acquires Bahrain- and Dubai-based CoinMENA for up to $240 million.
- Deal marks Turkey’s biggest fintech acquisition and first international crypto M&A, the firm said.
- The move taps into the MENA region’s fast-growing crypto user base and supportive regulatory hubs.
Top Stories
