VanEck Bitcoin TrustVanEck Bitcoin TrustVanEck Bitcoin Trust

VanEck Bitcoin Trust

No trades
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Key stats


Assets under management (AUM)
‪1.21 B‬USD
Fund flows (1Y)
‪821.46 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
4.1%

About VanEck Bitcoin Trust


Issuer
Van Eck Associates Corp.
Brand
VanEck
Expense ratio
0.25%
Home page
Inception date
Jan 11, 2024
Index tracked
MarketVector Bitcoin Benchmark Rate - USD - Benchmark TR Gross
Management style
Passive
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


Asset Class
Currency
Category
Pair
Focus
Long Bitcoin, short USD
Niche
In specie
Strategy
Vanilla
Weighting scheme
Single asset
Selection criteria
Single asset

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 19, 2024
Exposure type
Bonds, Cash & Other
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous100.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows