Register For Our Mailing List

Register to receive our free weekly newsletter including editorials.

VanEck Australia

  •   15 July 2024
  •      
  •   

VanEck reduces fee for bitcoin ETF amid increasing investor interest

Sydney – 12 July 2024: VanEck, the fastest growing ETF provider in Australia, is reducing the annual management fee of its VanEck Bitcoin ETF (ASX: VBTC) effective 12 July 2024.

VBTC’s fee will be reduced to 0.49% p.a. ensuring investors can continue to access the most cost-effective bitcoin opportunity on the ASX, from a global asset manager that has unparalleled digital assets expertise.

This decision follows more than $18 million flowing into the fund since its launch on 20 June after trading on listing day exceeded $3 million.

Arian Neiron, CEO and Managing Director, VanEck, Asia Pacific said: “The response to VBTC from investors and across the investment community has been remarkable and speaks to the demand for access to this asset class via a regulated vehicle on the ASX. While still polarising, bitcoin is no longer on the fringes and is evolving into the mainstream.

“We are in the midst of a paradigm shift following the ASX’s approval with a flurry of bitcoin ETFs listing, and likely more to come. Investors need to be mindful of not only the investment risk of the asset class itself but importantly, the fund and its longevity and the risk surrounding the fund managers launching these funds. Bitcoin ETFs have only been available in Australia for a short time and yet we’ve already seen multiple funds fold,” Neiron said.

VanEck currently manages more than US$2 billion worth of digital assets worldwide. VanEck was the first fund manager in Australia to lodge a submission for a bitcoin ETF and launched the first bitcoin ETF on ASX. In the US, the firm has been investing in digital asset products since 2017 and was the first established ETF issuer to file for a futures-based Bitcoin ETF in 2017, followed up by a spot Bitcoin ETF in 2018. The firm’s European arm currently manages 12 crypto ETPs, and its subsidiary, MarketVector IndexesTM, was the first to launch a definitive suite of digital asset indexes with its flagship Bitcoin & Ethereum Benchmark Rates.

VBTC gives investors exposure to the price of bitcoin, before fees and other costs, via an ETF, which provides investors institutional-grade protection.

 

banner

Most viewed in recent weeks

Simple maths says the AI investment boom ends badly

This AI cycle feels less like a revolution and more like a rerun. Just like fibre in 2000, shale in 2014, and cannabis in 2019, the technology or product is real but the capital cycle will be brutal. Investors beware.

Why we should follow Canada and cut migration

An explosion in low-skilled migration to Australia has depressed wages, killed productivity, and cut rental vacancy rates to near decades-lows. It’s time both sides of politics addressed the issue.

Are LICs licked?

LICs are continuing to struggle with large discounts and frustrated investors are wondering whether it’s worth holding onto them. This explains why the next 6-12 months will be make or break for many LICs.

Retirement income expectations hit new highs

Younger Australians think they’ll need $100k a year in retirement - nearly double what current retirees spend. Expectations are rising fast, but are they realistic or just another case of lifestyle inflation?

Welcome to Firstlinks Edition 627 with weekend update

This week, I got the news that my mother has dementia. It came shortly after my father received the same diagnosis. This is a meditation on getting old and my regrets in not getting my parents’ affairs in order sooner.

  • 4 September 2025

5 charts every retiree must see…

Retirement can be daunting for Australians facing financial uncertainty. Understand your goals, longevity challenges, inflation impacts, market risks, and components of retirement income with these crucial charts.

Latest Updates

Shares

Why the ASX may be more expensive than the US market

On every valuation metric, the US appears significantly more expensive than Australia. However, American companies are also much more profitable than ours, which means the ASX may be more overvalued than most think.

Economy

No one holds the government to account on spending

Government spending is out of control and there's little sign that Labor will curb it. We need enforceable rules on spending and an empowered budget office to ensure governments act responsibly with taxpayers money.

Retirement

Why a traditional retirement may be pushed back 25 years

The idea of stopping work during your sixties is a man-made concept from another age. In a world where many jobs are knowledge based and can be done from anywhere, it may no longer make much sense at all.

Shares

The quiet winners of AI competition

The tech giants are in a money-throwing contest to secure AI supremacy and may fall short of high investor expectations. The companies supplying this arms race could offer a more attractive way to play AI adoption.

Preparing for aged care

Whether for yourself or a family member, it’s never too early to start thinking about aged care. This looks at the best ways to plan ahead, as well as the changes coming to aged care from November 1 this year.

Infrastructure

Renewable energy investment: gloom or boom?

ESG investing has fallen out of favour with many investors, and Trump's anti-green policies haven't helped. Yet, renewables investment is still surging, which could prove a boon for infrastructure companies.

Investing

The enduring wisdom of John Bogle in five quotes

From buying the whole market to controlling emotions, John Bogle’s legendary advice reminds investors that patience, discipline, and low costs are the keys to investment success in any market environment.

Sponsors

Alliances

© 2025 Morningstar, Inc. All rights reserved.

Disclaimer
The data, research and opinions provided here are for information purposes; are not an offer to buy or sell a security; and are not warranted to be correct, complete or accurate. Morningstar, its affiliates, and third-party content providers are not responsible for any investment decisions, damages or losses resulting from, or related to, the data and analyses or their use. To the extent any content is general advice, it has been prepared for clients of Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892), without reference to your financial objectives, situation or needs. For more information refer to our Financial Services Guide. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement before making any decision to invest. Past performance does not necessarily indicate a financial product’s future performance. To obtain advice tailored to your situation, contact a professional financial adviser. Articles are current as at date of publication.
This website contains information and opinions provided by third parties. Inclusion of this information does not necessarily represent Morningstar’s positions, strategies or opinions and should not be considered an endorsement by Morningstar.