HODL VanEck Bitcoin Trust

Spot Bitcoin ETF · by VanEck · Bitcoin ETF flows · fee 0.20% · CBOE

HODL reported no net flow on Fri 30 Oct. All Bitcoin ETFs: −$643.3M.

Share price$21.93−0.33% · −$0.07last trade Fri 30 Oct 23:55 UTC

Net flow, last day0Fri 30 Oct · T+1

Cumulative net flow+$1.01Bsince 11 Jan 2024

Avg entry vs close−3.3%avg entry $80,399 · BTC $77,720

Net assets$1.12B

Day volume1.0Mshares, last session

Clients' P&L in HODL

At a loss

On average, HODL clients bought BTC at $80,399. At the 30 Oct 2026 close of $77,720 they are at a loss: −$35.2M (−3.3%) on paper.

Unrealised P&L−$35.2M−3.3%avg entry $80,399BTC close $77,720

Avg entry · break-even: $80,399
BTC close: $77,720
Invested: $1.06B
Current value: $1.02B
BTC in the fund: 13,156

Avg entry vs BTC price

Daily · US$ · as of 30 Oct 2026

BTC priceAvg entryClients in profitUnder water

$60K$80K$100K

$77,720$80,399Oct 25Jan 26May 26Jul 26Oct 26

Avg entry is our estimate from daily creations and redemptions × the coin price that day · unrealised · not an issuer reportIn profit on 130 of 365 days

ETF cost basis

HODL price and net flow

Daily close · price history since 17 Jun 2024 · Net flow: daily creations and redemptions, US$ m

Share price: exchange close · flow: T+1Share price +19.4% over the period

Fund facts

Price · 1D / 7D / 30D: $21.93 −0.33% / −3.62% / −7.25%
Day volume: 1.0M shares
Expense ratio: 0.20% What 0.20% costs per year
Launched: 11 Jan 2024
13F holders: 128 · Jun 30, 2026
Custodian: Gemini Trust Company, LLC
Exchange: CBOE
Price history since: 17 Jun 2024

52-Week RangeNow $21.93 (37% of range)

52-week low $16.40Average price $21.7952-week high $31.41

SEC filings ↗

Staking

Staking in all crypto ETFs

Bitcoin cannot be staked, so HODL holds coins without staking rewards.

Coins held: 14,667 BTCreported
Share of ETF coins: 1.1%
Issuer's fee revenue: $2.2M a year$6.1K a day at current assets

HODL net flow by day

Last 20 trading days, US$ m · share = HODL’s part of all Bitcoin ETF flow when both move the same way

Date	Net flow	Share of BTC ETFs	All BTC ETFs	Close
Fri 30 Oct	0	—	−$643.3M	$21.93
Thu 29 Oct	0	—	+$17.0M	$22.00
Wed 28 Oct	0	—	+$137.3M	$22.90
Tue 27 Oct	0	—	+$176.0M	$22.83
Mon 26 Oct	0	—	+$110.3M	$22.49
Fri 23 Oct	0	—	−$138.0M	$22.75
Thu 22 Oct	0	—	−$635.5M	$23.00
Wed 21 Oct	0	—	+$528.4M	$23.85
Tue 20 Oct	0	—	+$23.2M	$23.42
Mon 19 Oct	0	—	+$526.6M	$23.15
Fri 16 Oct	0	—	−$82.4M	$23.05
Thu 15 Oct	0	—	+$5.0M	$23.26
Wed 14 Oct	0	—	−$261.4M	$23.04
Tue 13 Oct	0	—	+$175.7M	$23.50
Mon 12 Oct	0	—	−$65.4M	$23.12
Fri 9 Oct	+$2.3M	11%	+$21.1M	$23.28
Thu 8 Oct	0	—	−$244.2M	$23.13
Wed 7 Oct	−$3.5M	1%	−$487.1M	$23.57
Tue 6 Oct	0	—	+$118.9M	$24.21
Mon 5 Oct	0	—	−$89.9M	—

Streaks and records

descriptive, not a signal

Largest inflow, all time: +$118.8M · 11 Mar 2024
Largest outflow, all time: −$38.4M · 22 Jul 2024
Inflow days in 2026: 50 of 209
Best month: +$312.0M · Mar 2024
Worst month: −$121.7M · Nov 2025

All records · 30D / 90D / 1Y

Window	Largest inflow	Largest outflow
Last 30 trading days	+$2.4M22 Sep 2026	−$3.6M1 Oct 2026
Last 90 trading days	+$6.1M13 Jul 2026	−$32.8M6 Aug 2026
Last 12 months	+$24.3M2 Feb 2026	−$36.9M25 Nov 2025

Trading days only. A day where a fund has not reported is skipped, not counted as zero.

“—” in Share: HODL moved against the market, or more than the market totalAll days on Bitcoin ETF flows ›

Who holds HODL: institutional holders from 13F

128 institutions reported holding HODL on June 30, 2026, with $511M at quarter-end prices (30.8M shares). The largest holder was Van Eck Associates (asset manager) with $246M; the top 10 held 88% of the reported value. By value, asset managers held 74.5% and wealth advisers 13.1%.

13F filings for the quarter ended Jun 30, 2026 · next update after Nov 14, 2026 · What is a 13F?

Institutions holding128−1 vs Q1 26

Reported value$511Mat Jun 30 prices

Shares reported30.8M≈54% of the fund

Net change in shares+8.0M+34.9% vs Q1 26 · +$132M at Jun 30 prices

HODL holders by type

Holder mix by value · our classificationshare of the $511M

Bank & broker 0.3%
Market maker 3.3%
Hedge fund 1.4%
Asset manager 74.5%
Endowment & foundation 0.1%
Wealth adviser 13.1%
Other managers 7.2%

Top 10 HODL holders on Jun 30, 2026

Top 10 HODL holders on Jun 30, 2026
#	Holder	Type · our classification	Value	Shares	Change in shares, q/q	Holding since
1	Van Eck AssociatesNew York · Asset manager	Asset manager	$246M	14.8M	+9.1M +160%	Q1 24
2	NEOS Investment ManagementWestport · Asset manager	Asset manager	$87.7M	5.3M	−93K −2%	Q4 24
3	Tidal InvestmentsMilwaukee · Asset manager	Asset manager	$36.4M	2.2M	−0.26M −11%	Q2 24
4	Bouchey FinancialTroy · Other managers	Other managers	$16.3M	984K	+26K +3%	Q4 25
5	Gradient InvestmentsArden Hills · Wealth adviser	Wealth adviser	$15.3M	922K	+0.30M +48%	Q3 24
6	Berger FinancialPlymouth · Wealth adviser	Wealth adviser	$13.8M	829K	−30K −4%	Q3 24
7	Jane StreetNew York · Market maker	Market maker	$12.2M	734K	+0.65M +732%	Q3 25
8	AssetmarkConcord · Wealth adviser	Wealth adviser	$11.6M	696K	+70K +11%	Q1 24
9	Northwestern Mutual Wealth ManagementMilwaukee · Wealth adviser	Wealth adviser	$6.2M	371K	+30K +9%	Q4 25
10	Farringdon CapitalLondon · Other managers	Other managers	$4.9M	296K	+36K +14%	Q4 24

Top 10 of 128 · sorted by value · type is our classificationAll 128 HODL holders

Institutions in Bitcoin ETFs ›Institutional holders of all crypto ETFs ›

Long positions on the last day of the quarter, as filed by managers over $100M. Shorts, futures and retail investors are not in 13F. Changes are in shares, so the coin price does not move them.

Other spot Bitcoin ETFs

HODL is one of several US-listed spot Bitcoin ETFs. Compare it with the other funds tracking Bitcoin:

All 12 on Bitcoin ETF flows ›

Fund	Issuer	Flow · Fri 30 Oct	Cumulative	Fee	Price	1D
IBITiShares Bitcoin Trust	BlackRock	−$233.7M	+$66.31B	0.25%	$43.68	−0.68%
FBTCFidelity Wise Origin Bitcoin	Fidelity	−$201.0M	+$10.18B	0.25%	$67.14	−0.81%
BTCGrayscale Bitcoin Mini Trust	Grayscale	0	+$2.94B	0.15%	$34.13	−0.79%
BITBBitwise Bitcoin ETF	Bitwise	−$25.7M	+$2.01B	0.20%	$41.94	−0.87%
HODLVanEck Bitcoin Trustthis fund	VanEck	0	+$1.01B	0.20%	$21.93	−0.33%
ARKBARK 21Shares Bitcoin	21Shares	−$129.5M	+$969.7M	0.21%	$25.50	−1.01%
MSBTMorgan Stanley Bitcoin Trust	Morgan Stanley	0	+$779.8M	0.14%	$22.10	−1.55%
EZBCFranklin Bitcoin ETF	Franklin Templeton	0	+$335.4M	0.19%	$44.26	−5.06%
BRRRCoinShares Bitcoin ETF	CoinShares	0	+$330.6M	0.25%	$21.55	−2.62%
BTCOInvesco Galaxy Bitcoin	Invesco	0	+$135.5M	0.25%	$75.88	−5.50%
BTCWWisdomTree Bitcoin Fund	WisdomTree	0	+$74.0M	0.25%	$81.12	−4.89%
GBTCGrayscale Bitcoin Trust	Grayscale	−$53.3M	−$28.05B	1.50%	$59.50	−1.83%

VanEck at the SEC

HODL went from first filing to trading in 1,107 days. VanEck has 5 crypto ETFs trading, none waiting, one withdrawn and one rejected by the SEC.

All VanEck filings ›

HODL’s path to listing

First filing30 Dec 2020
8 amendments
Effective10 Jan 2024
Trading on Cboe11 Jan 2024

1107 days at the SEC

Filing history

No other VanEck crypto ETFs are waiting for SEC approval right now.

Open the filings tracker

About VanEck Bitcoin Trust (HODL)

What the data says

With $1.01B of net inflow since 11 Jan 2024, HODL ranks 5th of 12 Bitcoin ETFs by money brought in. The leader, IBIT, has drawn $66.31B. By money brought in it sits between BITB (+$2.01B) and ARKB (+$969.7M). VanEck reports net assets of $1.12B, 1% of the Bitcoin ETF total and the 7th largest of 12 by size.

Holders of HODL are behind: their average entry of $80,399 sits above the 30 Oct 2026 close of $77,720, a paper loss of −3.3% (−$35.2M), 8th of 11 Bitcoin ETFs by result.

In the last 30 trading days to 30 Oct 2026 it lost $2.4M, 6th of 12 Bitcoin ETFs over that stretch; the whole Bitcoin group took in $1.82B.

HODL's fee of 0.20% is below the Bitcoin ETF median of 0.23%: 4th cheapest of 12. The cheapest is MSBT at 0.14%.

On most trading days nothing moves: HODL had no creations or redemptions on 354 of 704 days in our record since 11 Jan 2024. The largest day with money coming in was $118.8M on 11 Mar 2024. Its best calendar month was Mar 2024 ($312.0M in); its worst, Nov 2025 ($121.7M out).

Figures as of 30 Oct 2026 (flows, T+1); holders' average entry at the 30 Oct 2026 close. Not investment advice.

HODL ETF — FAQ

When did HODL start trading?

HODL began trading as an ETF on 11 Jan 2024 on CBOE.

Is HODL cheaper than other Bitcoin ETFs?

Yes. HODL charges 0.20% a year. Across 12 Bitcoin ETFs the fee runs from 0.14% to 1.50%, with a median of 0.23%; HODL is 4th from the cheapest.

How much has flowed into HODL since launch?

Net inflow of $1.01B from 11 Jan 2024 to 30 Oct 2026, 5th of 12 Bitcoin ETFs by money brought in. Net flow is the dollar value of shares created minus shares redeemed.

Are HODL holders in profit?

No, on paper they are at a loss. Our estimate of their average entry is $80,399 per BTC; the 30 Oct 2026 close was $77,720, a result of −3.3% (−$35.2M). The estimate comes from daily creations and redemptions valued at that day's coin price, not from an issuer report.

What was the biggest day for HODL?

The largest net inflow was $118.8M on 11 Mar 2024. The largest net outflow was $38.4M on 22 Jul 2024. Counted over 704 trading days through 30 Oct 2026.

Who owns the most HODL?

VanEck issues HODL; the shares are owned by investors. Among institutions filing Form 13F, the largest HODL holder on June 30, 2026 was Van Eck Associates with 14.8M shares worth $246M, followed by NEOS Investment Management ($87.7M) and Tidal Investments ($36.4M). In total 128 institutions reported HODL, worth $511M.

Prices and statistics on this page are derived from market data tracked by CryptoETF.today and are for informational purposes only. This is not investment advice. Verify fund details, fees and holdings on the issuer's official page before investing.