Highlights:
- VanEck extends the zero-fee HODL ETF period to January 2026 or $2.5B in assets, boosting investor appeal.
- VanEck predicts Bitcoin’s price could hit $180K as demand rises and no resistance limits market growth.
- Trump-led policy shifts may boost crypto, with expected SEC changes and energy deregulation aiding Bitcoin.
VanEck has extended its fee waiver for its HODL spot Bitcoin ETF. The waiver is now valid until January 10, 2026. In addition, there will be zero fees until the fund hits $2.5bn in assets. The original waiver was set to expire on March 31, 2025, but this extension replaces it. This new move adheres to VanEck’s commitment to delivering investor-centric solutions.
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JUST IN: VanEck's #Bitcoin ETF will stay at ZERO fees until 2026 🔥 pic.twitter.com/6Zlh32YI4E
— Bitcoin Archive (@BTC_Archive) November 25, 2024
Among all the Bitcoin ETFs in the U.S., HODL is the only zero-fee spot Bitcoin ETF. Since its inception, the ETF growth has been very great. As of now, its net asset value is around $1.33 billion, a 124% jump. VanEck believes the fee waiver extension will further increase interest from investors.
VanEck’s Director of Digital Assets Products, Kyle DaCruz, highlighted the significance of this extension. He noted that the date aligns with the anniversary of the SEC approving the first U.S.-listed Bitcoin spot ETF. The fee waiver extension is designed to keep the door open for investors seeking to get into Bitcoin.
Fee Waiver Expanded to $2.5 Billion in Assets or January 2026
The new $2.5 billion threshold is substantially higher than the previous cap of $1.5 billion. Fees will resume once the fund hits the asset cap or the January 2026 deadline. At that time, investors will pay a 0.20% sponsor fee.
The decision comes at a time when interest in Bitcoin ETFs seems to be on the rise. Despite their relatively recent launch, recent data suggests strong inflows into spot Bitcoin ETFs. The firm views HODL ETF as a competitive and attractive option for investors to gain Bitcoin exposure.
VanEck Maintains Bullish Bitcoin Price Target
VanEck has renewed its optimism about Bitcoin’s future. The firm has set up a price target for Bitcoin at $180,000. Its projection is based on key market indicators pointing to continued growth. The recent rally, VanEck said, is reminiscent of past bull markets.
NEW: #Bitcoin's bull run is far from over, per VanEck.
The current market dynamics resemble the 2020-2021 cycle, and with growing government support and investor interest, their price target remains 💵 $180K, supported by positive market indicators. pic.twitter.com/AgNLGcKr3i
— Bitcoin News (@BitcoinNewsCom) November 25, 2024
According to the firm, Bitcoin has now entered the next growth phase. According to their analysis, the current market environment has no major resistance left. Demand from strong investor interest is expected to continue.
Crypto-related ETF products have seen $37 billion worth of inflows year to date. For the most part, this is due to an increase in interest in Bitcoin. This is an extension of the bullish stance that VanEck has taken on the digital asset. Their analysis reflects larger trends in the cryptocurrency market.
Potential Policy Shifts Under the Trump Administration
VanEck also expects favourable policy changes under a Trump-led administration. New regulations are expected to be introduced that would be favorable for Bitcoin and other digital assets. These changes will remove barriers and stimulate innovation. They believe key regulatory reforms could come in the first quarter of the Trump term.
VanEck also predicts deregulation in the energy sector. This could benefit Bitcoin mining and related industries. The growth of Bitcoin and artificial intelligence would be supported by cheaper energy costs. The outcomes of these developments could position the U.S. as a likely leader in digital asset innovation.
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