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    VanEck expands fee waiver for Bitcoin ETF to attract more investors

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    VanEck’s Bitcoin ETF (HODL) is attempting to lure more investors by waiving management fees on the first $2.5 billion of assets until January 2026, an increase from their previous offer of waiving fees for $1.5 billion in assets until March 2025. The decision comes as HODL nears its initial $1.5 billion threshold. However, its normal management fee of 0.20% is higher than some competitors such as Grayscale Bitcoin Mini Trust. Currently, VanEck’s Bitcoin ETF has around $1.28 billion in assets, lagging behind six rival Bitcoin ETFs.

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    So, guess what? VanEck’s Bitcoin ETF (known as HODL) is trying to attract more people by waving its management fees for an extended period. This applies to the first $2.5 billion it has in assets until Jan. 10, 2026. This is quite a change from their previous offer, where they only waived fees until March 2025 and for the first $1.5 billion in assets they managed.

    This decision came about as HODL’s about to hit its original $1.5 billion threshold, thanks to a bunch of eager investors excited about Bitcoin’s prospects, as per Kyle DaCruz, VanEck’s director of digital assets products. With this extended offer, VanEck hopes to pique even more interest of those who want to include Bitcoin and other digital assets in their portfolios.

    Keep in mind, though, that VanEck’s Bitcoin ETF’s normal management fee is 0.20%. That might call for a consideration as some of its contenders, like Grayscale Bitcoin Mini Trust (BTC), charge only 0.15% annual sponsor fees.

    Seems like this waiving of management fees is a trend among Bitcoin and Ether ETFs launched in 2025. Usually, these fee waivers are offered for about six months to a year from the launch of the fund.

    Right now, VanEck’s Bitcoin ETF sits on about $1.28 billion in assets. That leaves it behind around six competitors with their own Bitcoin ETFs. For reference, the biggest of these, iShares Bitcoin Trust (IBIT), boasts a whopping $46 billion in assets as per BlackRock’s website.

    Bitcoin’s been the star of the ETF scene since the launch of spot Bitcoin ETFs in January. This interest spiked even more after the US elected the crypto-friendly President Donald Trump on Nov. 5. And on Nov. 21, US Bitcoin ETFs achieved a new feat, making over $100 billion in net assets for the first time.

    According to Bryan Armour, director of passive strategies research at Morningstar, the success of these spot Bitcoin ETFs is due to wider Bitcoin adoption and an improved product. The ETFs not only enable first-time Bitcoin buyers but also benefit from cost-effective trading, low fees, and best practices for Bitcoin storage.

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