---
schema_version: "secwatch.filing_event.v1"
accession: "0000930413-24-000867"
form_type: "8-K"
ticker: "HODL"
cik: "0001838028"
company_name: "VanEck Bitcoin ETF"
filed_at: "2024-03-01T23:59:59+00:00"
generated_at: "2026-06-05T05:46:05.043527+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# VanEck Bitcoin Trust reduces Creation Basket from 50k to 25k shares

## Summary
- On March 1, 2024, trust agreement amended to cut Creation Basket size from 50,000 to 25,000 shares.
- Sponsor VanEck Digital Assets and Delaware Trust Company executed the Third Amended and Restated Declaration of Trust.
- Amendment alters share creation/redemption block size for the HODL trust.

## SEC filing metadata
- accession: 0000930413-24-000867
- form_type: 8-K
- ticker: HODL
- cik: 0001838028
- company_name: VanEck Bitcoin ETF
- filed_at: 2024-03-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 3.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1838028/000093041324000867/0000930413-24-000867-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838028/000093041324000867/c108363_8k-ixbrl.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000930413-24-000867
- JSON: https://secwatch.observer/filing/0000930413-24-000867.json
- Plain text: https://secwatch.observer/filing/0000930413-24-000867.txt

## Key facts
- Material Agreements
  VanEck Bitcoin ETF entered into Third Amended and Restated Declaration of Trust and Trust Agreement with Delaware Trust Company (effective 2024-03-01).
  - Action: entry
  - Counterparty: Delaware Trust Company
  - Effective: 2024-03-01
  source text: On March 1, 2024, VanEck Digital Assets, LLC (the “Sponsor”), sponsor of VanEck Bitcoin Trust (the “Trust”), and Delaware Trust Company, in its capacity as trustee of the Trust (the “Trustee”), entered into a Third Amended and Restated Declaration of Trust and Trust Agreement (the “Trust Agreement”) to reflect the change of the definition of the term “Creation Basket” from a block of 50,000 common shares of beneficial interest (“Shares”) to 25,000 Shares.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838028/000093041324000867/0000930413-24-000867-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.