Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Ethereum cools down as Bitcoin Strances: the rotation game of Smart Money Decoding!

2025-05-19

Interlink and Blazpay Partner to improve the user experience in Web3 with AI

2025-05-19

Trump administration to beat bank rules designed to prevent collapse in 2008 style: report

2025-05-19
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Interlink and Blazpay Partner to improve the user experience in Web3 with AI

    2025-05-19

    Filmmaker David Goyer bets on blockchain for the next sci-fi franchise

    2025-05-19

    Jesse Pollak explains how Pectra Upgrade will overload the basic network

    2025-05-19

    Ice Open Network welcomes Soonchain AI in its online+ ecosystem to stimulate web3 ai-game development

    2025-05-18

    Chainware and Karatdao work together to redefine security and identity in chains

    2025-05-18
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Trump administration to beat bank rules designed to prevent collapse in 2008 style: report

    2025-05-19

    Mastermind Behind Sec Sim -exchange schedule sentenced to 14 months in prison for manipulating Bitcoin price

    2025-05-18

    Capital One pays $ 425,000,000 to customers after they have reportedly cheated customers from a higher return on bank balance

    2025-05-18

    Myth or reality? Mica and its real impact on the market that dissolve common misconceptions

    2025-05-18

    Judge denies joint bid from Ripple and the SEC to end their long -term legal battle to end XRP

    2025-05-17
  • Analysis

    Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

    2025-05-19

    Crypto analyst says that Bitcoin correction comes before the outbreak to the new all-time here is his prediction

    2025-05-19

    XRP – Price is struggling to keep the ground – breakdown or breathing break?

    2025-05-19

    The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

    2025-05-18

    Analyst who mentioned XRP price mark at $ 0.5 says that the increase in this level is coming

    2025-05-17
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-09
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Bitcoin»VanEck says goodbye to Bitcoin (BTC) Strategy ETF
Bitcoin

VanEck says goodbye to Bitcoin (BTC) Strategy ETF

2024-01-17No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

  • VanEck announced it would close its Bitcoin Strategy ETF, which tracks Bitcoin futures contracts
  • At the time of writing, the company had total net assets of more than $50 million in the ETF

US investment management company – VanEck has announced that it will liquidate and close Bitcoin (BTC) strategy ETFs. The announcement comes days after the US Securities and Exchanges Commission (SEC) approved its spot Bitcoin ETF application. It is striking that both exchange-traded funds differ from each other.

The spot Bitcoin ETF tracks the price of Bitcoin in real time, meaning the product provider will buy and own BTCs. Meanwhile, VanEck’s Bitcoin Strategy ETF is tied to Bitcoin futures contracts and does not invest directly in BTCs.

Factors that led to the closure of the Bitcoin ETF

Company said that the decision to liquidate the ETF was influenced by, among other things, performance, liquidity assets under management, investor interest and operational considerations. In addition, the fund will be officially delisted at the end of this month, January 30, 2024, giving investors about two weeks to sell their shares.

If the shares remain unsold, the company says it will distribute cash in proportion to “the amount of the net asset value of their shares” following the liquidation of the ETF. The liquidation date will take place around February 6, 2024.

Notably, the company had launched the product in November 2021. At the time of writing, the ETF’s total net assets were $53.29 million with a net asset value of $39.47. The year-to-date return was 1.65%, from the official website from VanEck.

See also  Has Bitcoin Bull returned? Daily RSI only shows mild bullish momentum

The story is still developing…

Source link

Bitcoin BTC ETF Goodbye strategy VanEck
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ethereum cools down as Bitcoin Strances: the rotation game of Smart Money Decoding!

2025-05-19

Bitcoin’s transaction costs rises to a YTD height of $ 2.4

2025-05-19

Crypto analyst says that Bitcoin correction comes before the outbreak to the new all-time here is his prediction

2025-05-19

All the reasons why the price of Bitcoin could be set for an explosive rally

2025-05-19
Add A Comment

Comments are closed.

Top Posts

Billionaire Stanley Druckenmiller dumps $2,500,000,000 portfolio and puts millions into new assets: report

2025-01-03

PlayFi announces plans to launch a Polygon PoS network node license presale

2024-05-26

Bitcoin price must clear $31,000 for hopes of another rally

2023-06-29
Editors Picks

TRUMP, MELANIA Bring Users To Hyperliquid – But Will The Trend Continue?

2025-01-20

Crypto Analyst Predicts ‘Big Momentum’ Move for Bitcoin, Here’s the Target

2024-06-04

Bitcoin up to $ 1.5 million? Ark Invest CEO Cathie Wood says it is coming

2025-02-13

Solana – Traders, watch out for this bullish signal in the SOL charts!

2024-09-14

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Ethereum cools down as Bitcoin Strances: the rotation game of Smart Money Decoding!

Interlink and Blazpay Partner to improve the user experience in Web3 with AI

Trump administration to beat bank rules designed to prevent collapse in 2008 style: report

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$102,992.46-1.42%
  • ethereumEthereum(ETH)$2,429.65-3.59%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.32-3.28%
  • binancecoinBNB(BNB)$640.58-1.16%
  • solanaSolana(SOL)$162.95-5.45%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.218106-3.26%
  • cardanoCardano(ADA)$0.73-3.88%
  • tronTRON(TRX)$0.264727-2.99%
  • suiSui(SUI)$3.68-4.75%
  • chainlinkChainlink(LINK)$15.28-2.92%
  • avalanche-2Avalanche(AVAX)$21.83-5.68%
  • stellarStellar(XLM)$0.281746-3.15%
  • hyperliquidHyperliquid(HYPE)$25.51-5.07%
  • shiba-inuShiba Inu(SHIB)$0.000014-4.48%
  • hedera-hashgraphHedera(HBAR)$0.188115-3.33%
  • unus-sed-leoUNUS SED LEO(LEO)$8.60-0.39%
  • bitcoin-cashBitcoin Cash(BCH)$383.90-3.97%
  • the-open-networkToncoin(TON)$2.93-5.79%
  • litecoinLitecoin(LTC)$95.80-3.07%
  • polkadotPolkadot(DOT)$4.52-5.64%
  • moneroMonero(XMR)$344.700.11%
  • bitget-tokenBitget Token(BGB)$5.12-2.75%
  • pepePepe(PEPE)$0.000013-4.33%
  • daiDai(DAI)$1.000.02%
  • piPi(PI)$0.71-2.94%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • uniswapUniswap(UNI)$5.78-3.45%
  • bittensorBittensor(TAO)$400.80-5.34%
  • aaveAave(AAVE)$222.40-2.59%
  • nearNEAR Protocol(NEAR)$2.71-2.92%
  • aptosAptos(APT)$5.06-2.92%
  • okbOKB(OKB)$51.80-2.37%
  • ondo-financeOndo(ONDO)$0.90-3.91%
  • kaspaKaspa(KAS)$0.105951-6.04%
  • ethereum-classicEthereum Classic(ETC)$17.92-3.05%
  • internet-computerInternet Computer(ICP)$5.07-3.99%
  • gatechain-tokenGateToken(GT)$21.28-1.30%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.69-2.86%
  • crypto-com-chainCronos(CRO)$0.094000-5.49%
  • mantleMantle(MNT)$0.73-1.54%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.230043-4.16%
  • vechainVeChain(VET)$0.027303-4.19%
  • render-tokenRender(RENDER)$4.45-4.67%
  • usd1World Liberty Financial USD(USD1)$1.000.05%
  • ethenaEthena(ENA)$0.354369-7.15%
  • filecoinFilecoin(FIL)$2.78-3.69%
  • algorandAlgorand(ALGO)$0.215726-3.56%
  • arbitrumArbitrum(ARB)$0.377724-3.89%
  • bitcoinBitcoin(BTC)$102,992.46-1.42%
  • ethereumEthereum(ETH)$2,429.65-3.59%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.32-3.28%
  • binancecoinBNB(BNB)$640.58-1.16%
  • solanaSolana(SOL)$162.95-5.45%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.218106-3.26%
  • cardanoCardano(ADA)$0.73-3.88%
  • tronTRON(TRX)$0.264727-2.99%
  • suiSui(SUI)$3.68-4.75%
  • chainlinkChainlink(LINK)$15.28-2.92%
  • avalanche-2Avalanche(AVAX)$21.83-5.68%
  • stellarStellar(XLM)$0.281746-3.15%
  • hyperliquidHyperliquid(HYPE)$25.51-5.07%
  • shiba-inuShiba Inu(SHIB)$0.000014-4.48%
  • hedera-hashgraphHedera(HBAR)$0.188115-3.33%
  • unus-sed-leoUNUS SED LEO(LEO)$8.60-0.39%
  • bitcoin-cashBitcoin Cash(BCH)$383.90-3.97%
  • the-open-networkToncoin(TON)$2.93-5.79%
  • litecoinLitecoin(LTC)$95.80-3.07%
  • polkadotPolkadot(DOT)$4.52-5.64%
  • moneroMonero(XMR)$344.700.11%
  • bitget-tokenBitget Token(BGB)$5.12-2.75%
  • pepePepe(PEPE)$0.000013-4.33%
  • daiDai(DAI)$1.000.02%
  • piPi(PI)$0.71-2.94%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • uniswapUniswap(UNI)$5.78-3.45%
  • bittensorBittensor(TAO)$400.80-5.34%
  • aaveAave(AAVE)$222.40-2.59%
  • nearNEAR Protocol(NEAR)$2.71-2.92%
  • aptosAptos(APT)$5.06-2.92%
  • okbOKB(OKB)$51.80-2.37%
  • ondo-financeOndo(ONDO)$0.90-3.91%
  • kaspaKaspa(KAS)$0.105951-6.04%
  • ethereum-classicEthereum Classic(ETC)$17.92-3.05%
  • internet-computerInternet Computer(ICP)$5.07-3.99%
  • gatechain-tokenGateToken(GT)$21.28-1.30%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.69-2.86%
  • crypto-com-chainCronos(CRO)$0.094000-5.49%
  • mantleMantle(MNT)$0.73-1.54%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.230043-4.16%
  • vechainVeChain(VET)$0.027303-4.19%
  • render-tokenRender(RENDER)$4.45-4.67%
  • usd1World Liberty Financial USD(USD1)$1.000.05%
  • ethenaEthena(ENA)$0.354369-7.15%
  • filecoinFilecoin(FIL)$2.78-3.69%
  • algorandAlgorand(ALGO)$0.215726-3.56%
  • arbitrumArbitrum(ARB)$0.377724-3.89%