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Read more: Investment Giant VanEck Launches SUI-based Financial Product
Currently, the only Bitcoin exchange-traded product in the U.S. available with no fees, the VanEck Bitcoin ETF, will continue its fee waiver on the first $2.5 billion in assets through January 10, 2026.
The extension raises the AUM threshold from the prior $1.5 billion and extends the waiver period that was set to expire in March 2025. If the ETF’s assets rise above $2.5 billion prior to the new cutoff, a 0.20% fee will be charged on the excess amount. Beginning after January 2026, the sponsor fee shall be 0.20% to all investors.
Since launching at the beginning of January 2024, the VanEck Bitcoin ETF has been one of the top ten spot Bitcoin ETFs in the United States, ranking 7th with $1.33 billion in net assets. This justifies increasing interest in Bitcoin ETFs as a continuing-to-evolve regulatory environment for crypto investments is seen.
Besides the VanEck Bitcoin ETF, the company is also attempting to launch a Solana ETF in the United States by no later than 2025. For that, it has submitted an application with the U.S. SEC, 19b-4, to amend the rules to allow the listing of Solana ETFs. It has been joined by other major asset managers like Bitwise, 21Shares, and Canary Capital.
Although VanEck pulled its prior 19b-4 filing back in August because of regulatory pushback, the firm is optimistic that the landscape will shift, especially with the expected changes following the resignation of SEC Chairman Gary Gensler under the incoming Trump administration.
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