The free ride for VanEck’s Bitcoin ETF is officially over after falling $1.4 billion short of growth target

- VanEck’s HODL ETF just got slapped with a 0.20% fee because it failed to hit its $2.5 billion target, missing by $1.4 billion. The "free ride" is over. For every $10k invested, that’s $20 a year in sponsor fees—barely enough to buy a decent hash manifest, but still more than Franklin’s EZBC. While moonboys cry about the waiver ending, the reality is simple: if you can’t attract capital, you pay the toll. HODL now sits tied with Bitwise’s BITB, proving that even in 3001, mediocrity has a price tag. Don’t be a meat wallet for underperforming funds; check the PoD seal before you stack.