VanEck Waives Fees on Bitcoin ETF to Attract Investors Amidst Bull Market

VanEck waived fees on its spot Bitcoin ETF, HODL, until it reaches $1.5B AUM or March 31, 2025.

HODL already had one of the lowest expense ratios at 0.2% before the fee waiver.

VanEck said the fee waiver reflects its dedication to providing competitive investment opportunities.

VanEck's CEO said they believe they are still in the middle of a Bitcoin bull market cycle.

Bitcoin has jumped nearly 50% YTD in 2024, reaching new highs over $73,000 in March.