$HODL

VanEck Bitcoin ETF

CIK:0001838028|SEC Filings

Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
Statements of Operations (Unaudited) - USD ($)	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Expenses
Sponsor fee, related party	$ 596,118	$ 728,175	$ 1,215,892	$ 1,386,429
Total expenses	596,118	728,175	1,215,892	1,386,429
Sponsor fee waiver, related party	(596,118)	(728,175)	(1,215,892)	(1,386,429)
Net expenses	0	0	0	0
Net investment loss	0	0	0	0
Net realized gain (loss) and net change in unrealized appreciation (depreciation)
Bitcoin sold for redemption of shares	(16,590,306)	12,408,304	(19,386,707)	33,546,724
Bitcoin distributed for Sponsor fee, related party	0	0	0	0
Net realized gain (loss) from investment in bitcoin	(16,590,306)	12,408,304	(19,386,707)	33,546,724
Net change in unrealized appreciation (depreciation) from investment in bitcoin	(131,568,140)	335,928,778	(438,684,196)	159,813,446
Net realized gain (loss) and net change in unrealized appreciation (depreciation)	(148,158,446)	348,337,082	(458,070,903)	193,360,170
Net increase (decrease) in net assets resulting from operations	$ (148,158,446)	$ 348,337,082	$ (458,070,903)	$ 193,360,170