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VanEck Bitcoin Trust

HODLSpot ETF

VanEck · CBOE BZX · United States

HODL is VanEck's spot Bitcoin ETF, from a manager with more than 70 years of history in ETPs and equities. The ticker is a nod to the famous Bitcoin meme 'HODL' (hold on for dear life). It differs from the rest of the market by using Gemini Trust Company as custodian instead of Coinbase, diversifying the sector's custody risk. The 0.20% TER places it among the most competitive. VanEck also offered a BTC futures ETF in the past, so it has regulatory experience with the asset. Listed on CBOE BZX.

AUM$1.38B1.6% of the US spot market
BTC in Custody· as of Jun 1121,000$1.38B live value
Expense Ratio0.2%annual · on AUM
InceptionEne 2024CBOE BZX

Net Flows

Source: Farside
Latest day−$14.8M
Month to date (MTD)−$10.6M
Year to date (YTD)+$49.7M
All-time since launch+$1.14B

Daily flows are refreshed every morning via automated scraping of Farside Investors. Positive flows = net capital inflows; negative flows = outflows.

Last updated: Jun 13, 2026, 12:17 AM

Fund Details

TickerHODL
IssuerVanEck
ExchangeCBOE BZX
Reference indexMarketVector Bitcoin Benchmark Rate
CustodianGemini Trust Company
Inception dateEne 2024
Structure1933 Act ETF
TER (expense ratio)0.2% annual
Shares outstanding30.00M

Marketloading live…

Last session price
Intraday change
24h volume
Premium / Discount vs NAV

Weekly Net Flows

77 weeks · source: Farside
-$72M-$36M$0$36M$72MDec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Net inflows Net outflowsHover: weekly detail

Bitcoin Exposure

VanEck Bitcoin Trust holds 21,000 in custody with Gemini Trust Company. Each ETF share represents a proportional fraction of those Bitcoin, giving investors direct exposure to the BTC spot price without the operational risks of self-custody (wallets, private keys). The ETF tracks the BTC price via the MarketVector Bitcoin Benchmark Rate index.

Live BTC price: $65,648 · BTC value in custody today: $1.38B

Official DocumentationVanEckProduct page at the issuer and SEC prospectus

Disclaimer: SatsIntel is for informational purposes only. It is not an authorized crypto-asset service provider (CASP) and does not provide financial, tax or legal advice. Crypto-assets are high-risk assets and may result in the total loss of the invested capital. See the legal terms.