TechFlow news: VanEck announced on X that users can invest in the VanEck Bitcoin Trust (HODL) for free until March 31, 2025.
The firm's spot Bitcoin ETF will waive all management fees on the initial $1.5 billion of trust assets invested between March 12, 2024, and March 31, 2025. If trust assets exceed $1.5 billion before March 31, 2025, a management fee of 0.20% will apply to the excess amount. All investors will bear the same management fee, calculated as a weighted average of these rates. After March 31, 2025, the management fee will revert to 0.20%.
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