VANECK BITCOIN TRUST

HODL (ticker HODL) is commonly used for listings that provide exposure to digital assets or companies serving the cryptocurrency ecosystem. Public information and structures vary: some HODL tickers represent funds that hold crypto directly, others are equity vehicles or business operating companies tied to blockchain services. Investors should check whether the vehicle holds underlying coins, invests in related equities, or tracks an index, and review fees, custody arrangements and transparency of holdings. Digital-asset exposure typically means higher price volatility, evolving regulatory oversight and potential liquidity constraints. Important considerations include market capitalisation, trading volume, and the custodian’s security practices. Past performance is not a reliable guide, and values can fall as well as rise. This overview is educational only and not personal investment advice — consult a regulated financial adviser to determine suitability based on your circumstances.