The VanEck Bitcoin Trust (HODL) is a spot bitcoin exchange-traded fund (ETF) from the investment manager VanEck. Initially approved in January 2024, HODL is listed on the Chicago Board Options Exchange (CBOE). Users can purchase shares of the fund through a traditional brokerage account. 

What is a spot bitcoin ETF?

A spot bitcoin ETF holds bitcoin and tracks its price on cryptocurrency exchanges in real-time. This provides investors with a way to invest in bitcoin through stock exchanges without needing to buy, hold or own the underlying digital asset. 

What is HODL's issuer VanEck? 

VanEck is an investment management firm that offers a range of investment products, including ETFs, mutual funds and other investment strategies. The company is known for its expertise in …