Bubble or no bubble, this is the best stock for AI exposure: analyst
VanEck Bitcoin ETF (Cboe BZX:HODL) announced that, effective November 30, 2025, MarketVector Indexes GmbH, the index sponsor and administrator for the MarketVector Bitcoin Benchmark Rate, has updated the list of constituent trading platforms used to calculate the index. The ETF, currently trading at $2.59 and with a market capitalization of $74.17 million, has experienced significant volatility with a beta of 1.68 over the past five years.
According to a statement included in a recent SEC filing, Bitstamp and Bullish have been replaced by Crypto.com and OKX as constituent trading platforms. The current platforms used for the index calculation are Coinbase, Crypto.com, Gemini, Kraken, and OKX. This change comes as HODL has seen its price decline 84.4% year-to-date, trading significantly below its 52-week high of $35.09.
The ETF is sponsored by VanEck Digital Assets, LLC, and is registered in Delaware. The information is based on a press release statement included in the company’s Form 8-K filing with the Securities and Exchange Commission.
In other recent news, VanEck Bitcoin ETF has updated its Form of Authorized Participant Agreement to allow for in-kind creations and redemptions. This change, effective Thursday, was disclosed in a filing with the Securities and Exchange Commission. The revised agreement permits authorized participants to create and redeem shares of the ETF using in-kind transactions, which involve the delivery of bitcoin rather than cash. Previously, the ETF only allowed cash transactions for the creation and redemption of shares. This adjustment is expected to provide more flexibility in the management of the ETF. The update highlights VanEck’s ongoing efforts to adapt its offerings in the evolving cryptocurrency landscape. Investors may find this development significant as it could influence the operational dynamics of the ETF.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.