VanEck, one of the biggest contenders in the Bitcoin ETF race, has revealed it’s staying true to the orange-pilled community by choosing the ticker “HODL” for its potential crypto investment product.

In a Friday filing with the Securities and Exchange Commission, the fund manager said the ticker—a security’s symbol trading on a stock exchange—for its VanEck Bitcoin Trust if it gets approved will be the old-school mantra for diehard Bitcoiners.

Depending on who you ask, “HODL” was either a misspelling of “hold” or an acronym for the phrase “hold on for dear life.” It’s been popular with Bitcoiners to describe an investment strategy of buying the digital asset and never, ever selling.

VanEck is a prestigious mutual and exchange-traded fund (ETF) manager which has applied to release a Bitcoin ETF. It is one of the many high-profile firms hoping to drop the long-awaited crypto investment product next year.

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Author: Mathew Di Salvo

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