VanEck's Bitcoin ETF HODL Records Impressive Growth in Q1

Monday, 13 May 2024, 19:38

VanEck's bitcoin ETF, HODL, experienced significant growth in the first quarter of the year, reporting a net increase of $109 million. Additionally, the filing reveals holdings of $620 million in BTC. Furthermore, the ETF also showed positive figures with $20 million in total liabilities and $6 million in net realized gains on its bitcoin investments as of March 31. The data suggests a strong performance for the VanEck Bitcoin ETF in the crypto market.
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VanEck's Bitcoin ETF HODL Records Impressive Growth in Q1

VanEck's Bitcoin ETF Performance

VanEck's bitcoin ETF, HODL, recorded exceptional growth in the first quarter, with a net increase of $109 million.

Impressive Holding

  • The filing highlights holdings of $620 million in BTC, showcasing a substantial investment in the cryptocurrency.

HODL also displayed positive financial indicators, including $20 million in total liabilities and $6 million in net realized gains on its bitcoin investments as of March 31.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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