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VanEck has removed all trading fees for its Spot Bitcoin ETFs until March 31, 2025, according to an announcement by the company. With the crypto asset’s latest surge, VanEck is inviting new holders to invest without any added fees. IMPORTANT UPDATE! Because we believe in # bitcoin so much, starting tomorrow, you can invest in VanEck Bitcoin Trust (HODL) with no fees until March 31st, 2025.* *During the period commencing on March 12, 2024, and ending on March 31, 2025, the Sponsor will waive the entire… — VanEck (@vaneck_us) March 11, 2024 “Because we believe in Bitcoin so much, starting tomorrow, you can invest in VanEck Bitcoin Trust (HODL) with no fees until March 31st, 2025,” an X post by VanEck reads. The post goes on to include important fine print regarding the promotion. “During the period commencing on March 12, 2024, and ending on March 31, 2025, the Sponsor will waive the entire Sponsor Fee for the first $1.5 billion of the Trust...

In what was certainly a surprise to the industry, Bitcoin (BTC) has seen its market cap lose $50 billion after the US Securities and Exchange Commission (SEC) false Spot Bitcoin ETF claims. Indeed, the government agency saw its X account hacked a day ago. Subsequently, they posted a message signifying approval of the investment product. The claim was proven to be false after it was revealed that the agency lost control of the account. Additionally, there is speculation that the digital asset market had seen prices decrease by more than $200 million throughout the day. Conversely, a real Spot Bitcoin ETF approval announcement is still expected to arrive at some point today. Also Read: US Senator Calls SEC Hack Unacceptable, Congress Wants Answers Bitcoin Down Big After False SEC Claim Over the past few months, the digital asset market has anxiously awaited a decision on more than a dozen Spot Bitcoin ETF applications. Facing a January 10th deadline, the SEC is expected to is...