VanEck extends payment freeze on Bitcoin ETF
VanEck is extending payouts for the VanEck Bitcoin ETF (HODL) to lure investors into the competitive Bitcoin (BTC) exchange-traded fund (ETF) marketplace, according to a November 25 announcement.
The asset manager has passed management fees on the BTC ETF's initial $2.5 billion in net assets through Jan. 10, 2026, VanEyck said.
The fee freeze previously expired in March 2025 and only applied to the ETF's first $1.5 billion under management (AUM), according to VanEck.
VanEck's HODL ETF is “approaching the first $1.5B threshold that we put into investors' enthusiasm for Bitcoin vision,” Kyle D'Cruz, VanEck's director of digital assets products, said in a statement.
VanEyck added that he hopes this fee reduction extension will encourage “investors to explore the potential of exposure to Bitcoin and digital assets in their portfolios.”
Source: VanEck
Almost all BTC and Ether (ETH) ETFs listed in 2025 initially waived at least some management fees.
Typically, cryptocurrency ETF sponsors set payouts to expire between six months and one year from the fund's launch date.
The VanEck Bitcoin ETF has approximately $1.28 billion in net assets, according to the ETF's website.
This puts VanEek behind a half-dozen competing spot BTC funds. The largest, iShares Bitcoin Trust (IBIT), has amassed about $46 billion in AUM, according to the BlackRock website.
Source: Bitcoin Archive
Bitcoin has dominated the ETF landscape since the launch of the BTC ETF in January. Investor interest was accelerated by crypto-friendly President-elect Donald Trump in 2018. He won the November 5 US election.
In the year On November 21, US BTC ETFs broke $100 billion in net assets for the first time, according to data from Bloomberg Intelligence.
“[T]The growth of Bitcoin ETFs has been driven by two main factors: the widespread adoption of Bitcoin and superior yields,” Brian Armor, Director of Equity Strategies Research at Morningstar, told Cointelegraph.
“EFAs allow new investors to buy bitcoin for the first time, such as those who haven't been able to set up a wallet and buy bitcoin on a cryptocurrency exchange,” Armour said. You'll also benefit from cheaper trading, lower fees, and in-room Bitcoin storage experiences.
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