Fee waiver extended to 2026: VanEck announced the extension of the management fee waiver for the Bitcoin ETF HODL until January 2026. This is an effort to attract more investors in a highly competitive Bitcoin ETF market. Previously, the waiver applied only to 1.5 billion USD and was set to end in March 2025.

Fee waiver targets 2.5 billion USD: According to VanEck, the management fee will be waived for assets up to 2.5 billion USD, providing an advantage for investors wanting to join the Bitcoin ETF market. The fee waiver limit was previously 1.5 billion USD and has now been expanded.

Competitive management fees: Despite having a basic management fee of 0.20%, VanEck Bitcoin ETF remains attractive compared to competitors like Grayscale Bitcoin Mini Trust, which charges a lower fee of 0.15%. Most listed Bitcoin and Ether ETFs have partially implemented management fee waivers.

Growth and benefits of Bitcoin ETF: Investor interest in Bitcoin has surged, especially after Donald Trump was elected president. The Bitcoin ETF market exceeded 100 billion USD in assets for the first time. ETFs have opened the door for newcomers wishing to invest in Bitcoin without trading directly on the exchange.