HODL · CIK 0001838028
VanEck Bitcoin ETF
Annual figures as reported, FY2023–FY2025. Ratios and growth rates derived on-page.
Commodity Contracts Brokers & Dealers
Company profile
Net income
−$194.0M
▼ −146.3% vs FY2024
Total assets
$1.4B
▲ +8.5% vs FY2024
Net income
Losses shown in terracotta
Profitability & returns
quality of earningsReturns on capital
Net income vs year-end equity and assets
Return on equityReturn on assets
Balance sheet
financial positionStockholders’ equity
At fiscal year end
Key ratios
derived per fiscal year| Fiscal year | ROE | ROA |
|---|---|---|
| FY2025 | −16.8% | −14.0% |
| FY2024 | 48.6% | 32.7% |
| FY2023 | — | — |
Annual figures
as reported| Fiscal year | Revenue | Gross profit | Op. income | Net income | Diluted EPS | Op. cash flow | Capex | Total assets | Liabilities | Equity | Cash | LT debt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FY2025 | — | — | — | −$194.0M | — | — | — | $1.4B | $6.8M | $1.2B | — | — |
| FY2024 | — | — | — | $419.0M | — | — | — | $1.3B | $0 | $861.5M | — | — |
| FY2023 | — | — | — | — | — | — | — | $100K | $0 | $100K | $100K | — |
Latest filings
the most recent regulatory filings10-QQuarterly report2026-05-14 ↗10-K/AAnnual report2026-03-27 ↗424IVANECK BITCOIN ETF - 424I2026-03-18 ↗10-KAnnual report2026-03-12 ↗SCHEDULE 13GSEC filing2026-03-10 ↗424B3Prospectus2026-02-23 ↗8-KCurrent report — material event2025-12-03 ↗424B3Prospectus2025-12-03 ↗424B3Prospectus2025-11-25 ↗424B3Prospectus2025-11-20 ↗
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