PANews reported on November 26, according to Cryptoslate, that VanEck has extended the fee waiver for its spot Bitcoin ETF "HODL" until the first $2.5 billion in assets or until January 10, 2026, according to a statement released on November 25. Under the terms, investors will not need to pay any fees for HODL until the $2.5 billion threshold is reached or January 10, 2026, whichever comes first. This marks a significant extension from the previous fee waiver deadline based on a $1.5 billion asset cap, which was set to expire on March 31, 2025.
According to Farside's data, HODL's net asset value is approximately $1.33 billion, having grown by 124% since its inception. Once it reaches the $2.5 billion threshold or January 2026, investors will need to pay a sponsorship fee of 0.20%. Meanwhile, HODL remains the only zero-fee spot Bitcoin ETF in the United States.
