SequelSEC

VanEck Bitcoin ETF HODL

Commodity Contracts Brokers & Dealers · CIK 0001838028 · Fiscal year ends 1231 · Broker-dealer

AnnualQuarterlyTTM
Revenue
Unavailable
Fiscal year ended 2025-12-31
Net income
-$194.00M
Fiscal year ended 2025-12-31
Total assets
$1.39B
Fiscal year ended 2025-12-31

VanEck Bitcoin ETF (HODL) reported net income of -$194.00M for the fiscal year ended 2025-12-31. This page shows 2 annual periods of income statement, balance sheet and cash flow figures normalized from VanEck Bitcoin ETF’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Commodity Contracts Brokers & Dealers.

Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.

Income

VanEck Bitcoin ETF income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-31
RevenueUnavailableUnavailable
Cost of revenueUnavailableUnavailable
Gross profitUnavailableUnavailable
Operating incomeUnavailableUnavailable
Net income-$194.00M$418.97M
Research & developmentUnavailableUnavailable
Weighted-average diluted sharesUnavailableUnavailable
Pretax incomeUnavailableUnavailable
Income tax expenseUnavailableUnavailable
Diluted EPSUnavailableUnavailable
Selling, general & administrativeUnavailableUnavailable
General & administrativeUnavailableUnavailable
Selling & marketingUnavailableUnavailable

Balance

VanEck Bitcoin ETF balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-31
Cash & equivalentsUnavailableUnavailable
Total assets$1.39B$1.28B
Current assetsUnavailableUnavailable
Total liabilities$6.79M$0
Current liabilitiesUnavailableUnavailable
Total equity incl. NCI$1.16B$861.48M
Temporary (mezzanine) equityUnavailableUnavailable
InventoryUnavailableUnavailable
Accounts receivableUnavailableUnavailable
GoodwillUnavailableUnavailable
Long-term debtUnavailableUnavailable
Accounts payableUnavailableUnavailable

Cash flow

VanEck Bitcoin ETF cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-31
Operating cash flowUnavailableUnavailable
Capital expendituresUnavailableUnavailable
Investing cash flowUnavailableUnavailable
Financing cash flowUnavailableUnavailable
Net change in cashUnavailableUnavailable
Stock-based compensationUnavailableUnavailable
Common dividends paidUnavailableUnavailable
Common share repurchasesUnavailableUnavailable
Depreciation & amortizationUnavailableUnavailable

Derived

VanEck Bitcoin ETF derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-31
Free cash flowUnavailableUnavailable
Gross marginUnavailableUnavailable
Operating marginUnavailableUnavailable
FCF marginUnavailableUnavailable
SBC / revenueUnavailableUnavailable
Current ratioUnavailableUnavailable
Revenue YoY growthUnavailableUnavailable
Net marginUnavailableUnavailable
R&D / revenueUnavailableUnavailable
CapEx / revenueUnavailableUnavailable
Long-term debt / equityUnavailableUnavailable
Effective tax rateUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open HODL in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-13View SEC filing
10-Q · Filed 2026-05-14View SEC filing
10-K/A · Filed 2026-03-27View SEC filing
10-K · Filed 2026-03-12View SEC filing
10-Q · Filed 2025-11-13View SEC filing
10-Q · Filed 2025-08-13View SEC filing

Companies in the same industry

AAAU AGQ AIB AIFC ARKB BAR BCHG BDRY BITB BITW BNO BRRR

Reconciliation checks needing review

2 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

balance equationreview2025-12-31

Difference 224965236 exceeds tolerance 1389064.395. Presentation or filing-vintage differences need review.

balance equationreview2024-12-31

Difference 418968448 exceeds tolerance 1280450.332. Presentation or filing-vintage differences need review.