Key stats
About VanEck Bitcoin Trust
Home page
Inception date
Jan 11, 2024
Structure
Grantor Trust
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
39.60%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
HODL passively tracks Bitcoins market price using the MarketVector Bitcoin Benchmark Rate, drawing data from the top five Bitcoin trading platforms. This benchmark rate is supported by the CCData Centralized Exchange Benchmark Review Report, employing a methodology to evaluate a range of risk factors across eight categories, aiming to enhance transparency and accountability in the digital asset trading sector. The fund offers exposure to Bitcoins price by allowing the purchase of its shares, a streamlined way to gain indirect exposure to the cryptocurrency market. HODL focuses on asset protection through primarily offline cold storage, mitigating the risk of cyber theft. Tailored for potential portfolio diversification into digital assets within more traditional investment products, HODL is structured to mirror Bitcoins price movements and is aimed at investors seeking indirect exposure to the digital asset market while avoiding the complexities of direct cryptocurrency ownership.
Classification
Symbol
Geography
Global
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HODL assets under management is 1.61 B USD. It's risen 15.20% over the last month.
HODL fund flows account for 2.61 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, HODL doesn't pay dividends to its holders.
HODL shares are issued by Van Eck Associates Corp. under the brand VanEck. The ETF was launched on Jan 11, 2024, and its management style is Passive.
HODL expense ratio is 0.00% meaning you'd have to pay 0.00% of your investment to help manage the fund.
HODL follows the MarketVector Bitcoin Benchmark Rate - USD - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HODL price has risen by 8.75% over the last month, and its yearly performance shows a 46.76% increase. See more dynamics on HODL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.43% over the last month, showed a 16.77% increase in three-month performance and has increased by 9.16% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.43% over the last month, showed a 16.77% increase in three-month performance and has increased by 9.16% in a year.
HODL trades at a premium (0.37%) meaning the ETF is trading at a higher price than the calculated NAV.