Fidelity Wise Origin Bitcoin Fund

Frequently Asked Questions About FBTC

What does FBTC invest in?

The index is constructed using bitcoin price feeds from eligible bitcoin spot markets and a volume-weighted median price (“VWMP”) methodology, calculated every 15 seconds based on VWMP spot market data over rolling sixty-minute increments. In seeking to achieve its investment objective, the trust will hold bitcoin and will value its shares daily as of 4:00 p.m. EST using the same methodology used to calculate the index. All of the trust’s bitcoin will be held by the custodian.

What is the expense ratio of FBTC?

Fidelity Wise Origin Bitcoin Fund (FBTC) charges an expense ratio of 0.25%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FBTC?

Fidelity Wise Origin Bitcoin Fund (FBTC) manages $10.81B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FBTC actively managed or an index fund?

FBTC's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FBTC launched?

Fidelity Wise Origin Bitcoin Fund (FBTC) launched in January 2024 and is managed by Fidelity.

How has FBTC performed?

FBTC's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.