VanEck announces that its Bitcoin spot ETF will waive some management fees until March 31, 2025
VanEck has announced that from March 12, 2024 to March 31, 2025, the VanEck Bitcoin Trust (HODL) will waive all management fees on the initial $1.5 billion in trust assets. If the trust assets exceed $1.5 billion before March 31, 2025, the management fee for the excess amount will be 0.20%. All investors will bear the same management fee, which is the weighted average of these rates. After March 31, 2025, the management fee will return to 0.20%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Stablecoin Liquidity Hits $204B, Hints at Possible Bitcoin Rally
Trump-imposed tariffs to begin Tuesday as Mexico, Canada announce retaliatory response
President Trump on Saturday signed an executive order imposing 25% tariffs on imports from Canada and Mexico, with a 10% tariff on Canadian energy and oil, and an additional 10% tariff on China.The implementation of the tariffs was delayed to Tuesday at 12:01 am.Mexico’s President Sheinbaum announced the country would implement both tariff and non-tariff retaliatory measures, while Canadian PM Trudeau said Saturday night Canada would implement 25% tariffs on a swath of American goods in response.
Trending news
MoreCrypto prices
More
