VanEck announced on X that users can invest in VanEck Bitcoin Trust (HODL) for free until March 31, 2025.
For its Bitcoin Spot ETF, from March 12, 2024 to March 31, 2025, investors investing in the initial US$1.5 billion in trust assets will be exempted from all management fees.Â
If trust assets exceed $1.5 billion before March 31, 2025, the management fee for the excess will be 0.20%.Â
All investors will bear the same management fee, which is a weighted average of these rates. After March 31, 2025, the administrative fee will revert to 0.20%.
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