VanEck has announced an extension of its fee waiver for the VanEck Bitcoin ETF (HODL) until January 10, 2026, covering up to $2.5 billion in assets under management (AUM). Originally set to expire in March 2025 and applicable only to the ETF's first $1.5 billion in AUM, the waiver seeks to attract investors in a competitive market. The HODL ETF currently has net assets of approximately $1.28 billion, approaching the prior threshold, amidst growing investor interest in Bitcoin. The ETF's baseline management fee is 0.20%, which while competitive, is slightly higher than some rivals, such as the Grayscale Bitcoin Mini Trust at 0.15%. The extension comes in the wake of increased attention on Bitcoin ETFs, particularly following recent favorable political developments. Investor enthusiasm has surged since the launch of spot BTC ETFs earlier in the year, with notable funds like the iShares Bitcoin Trust leading the market with over $46 billion in AUM.

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