VanEck's spot Bitcoin ETF HODL reported a net increase of $109 million in the first quarter, holding 8,711 bitcoins

VanEck's spot Bitcoin ETF HODL reported a net asset increase of $109 million in the first fiscal quarter of 2024. The fund disclosed that it holds 8,711 bitcoins, worth approximately $620 million. As of March 31, HODL's total liabilities for Bitcoin investments were $20 million, with a net gain of $6 million.