Fidelity Wise Origin Bitcoin Fund fund
Overview
The Fidelity Wise Origin Bitcoin Fund (FBTC) is a U.S. spot bitcoin exchange-traded product sponsored by Fidelity, listed on the Cboe BZX exchange. It began trading on 11 January 2024 as part of the first cohort of U.S. spot bitcoin ETFs approved by the SEC, and seeks to track the price of bitcoin as measured by the Fidelity Bitcoin Reference Rate, less expenses. Bitcoin held by the trust is self-custodied by Fidelity Digital Asset Services. It is among the largest U.S. spot bitcoin ETFs by holdings.
Within the DeFi Intel graph, Fidelity Wise Origin Bitcoin Fund connects to 12 tracked entities, most strongly to Bitcoin (BTC), SEC, Fidelity.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 12 total).
| Relation | Connected entity | Confidence |
|---|---|---|
supports_token | Bitcoin (BTC) | 95% |
regulated_by | SEC | 95% |
issued_by | Fidelity | 95% |
custodied_by | Fidelity Digital Assets | 95% |
custodies | Fidelity Digital Assets | 95% |
owns | Fidelity Investments | 95% |
event_of | Fidelity FBTC spot Bitcoin ETF launch | 95% |
oversees | Cynthia Lo Bessette | 90% |
custodied_by | Fidelity | 85% |
competes_with | iShares Bitcoin Trust | 85% |
Frequently asked questions
What is the Fidelity Wise Origin Bitcoin Fund?
The Fidelity Wise Origin Bitcoin Fund (FBTC) is a U.S. spot bitcoin exchange-traded product sponsored by Fidelity, listed on the Cboe BZX exchange. It seeks to track the price of bitcoin as measured by the Fidelity Bitcoin Reference Rate, less expenses.
When did FBTC begin trading and who approved it?
FBTC began trading on 11 January 2024 as part of the first cohort of U.S. spot bitcoin ETFs approved by the SEC.
Who custodies the bitcoin held by the Fidelity Wise Origin Bitcoin Fund?
Bitcoin held by the trust is self-custodied by Fidelity Digital Asset Services.