VanEck Bitcoin ETF (HODL) Form 10-Q — May 14, 2026
VanEck Bitcoin ETF (HODL) reported a 16.2% decline in net assets to $1.16 billion for the quarter ended March 31, 2026, driven primarily by a 22.1% drop in the price of Bitcoin from $87,432 to $68,116. The fund’s NAV per share fell 22.12% to $19.26 from $24.73, reflecting the underlying asset's performance. Despite the losses, the Sponsor waived all operating expenses, resulting in zero net expenses for the quarter. Share count increased to 60.1 million as 8.9 million shares were issued against 4.7 million redeemed, indicating continued investor inflows despite the price decline.
Key figures
- Net Assets
- 1158283647
- Bitcoin Held
- 17004.62
- Nav Per Share
- 19.26
- Net Expenses
- 0
- Net Assets Prior
- 1382273990
- Nav Per Share Prior
- 24.73
- Sponsor Fee Waived
- 619774
- Bitcoin Price Prior
- 87432
- Shares Outstanding
- 60125000
- Shares Issued
- 8925000
- Shares Redeemed
- 4700000
Price after filing
Close on the filing date to close N calendar days later (from $23.03). Historical, not a forecast.
AI analysis
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