FBTC is the Fidelity Wise Origin Bitcoin Fund – It is a spot bitcoin ETF which allows investors to gain exposure to Bitcoin without owning the Coin directly, just like buying a share of Nvidia or Tesla. FBTC was launched on January 11, 2024, and is currently trading under the ticker “FBTC” on the Cboe BZX Exchange. FBTC holds bitcoin and tracks its price movements constantly. Buying a Bitcoin ETF removes the hassle of dealing with crypto exchanges; you can easily buy Bitcoin ETFs through normal brokerage apps.

Following the SEC approval of Bitcoin spot ETFs, FBTC has already become the second largest Bitcoin ETF by assets under management and holds over 206,000 Bitcoin worth approximately $24+ billion. FBTC accounts for over 9% of the spot bitcoin ETF market and represents 0.98% of Bitcoin’s total Supply.

How Does A Spot Bitcoin ETF Work?

A spot bitcoin ETF is a financial commodity that holds bitcoins as one of its underlying assets. Bitcoin ETFs function by allowing users to purchase a single commodity, which helps them gain exposure to Bitcoin’s price movements without having to purchase the cryptocurrency themselves.

ETFs are traded on normal exchanges, and they offer higher liquidity than most digital asset platforms. This allows the users to trade the shares of ETFs at current market prices without significantly impacting the market. Buying spot Bitcoin ETFs gives users a sense of protection that is not present when using unregulated cryptocurrency platforms.

Features Of FBTC 

• Most Bitcoin ETFs use third-party custodians like Coinbase, while FBTC has its own unique Storage unit called Fidelity Digital Assets. 
  • Direct control over security protocols
  • Single point accountability
  • Institutional-grade cold storage with multi-layered security
  • Eliminates third-party custody risks

• Fidelity has been involved in Bitcoin since early 2014, and in recent years, it has completed many notable milestones. In 2014, they researched internal Bitcoin and blockchain. Launched Fidelity digital assets for institutional custody and trading in 2018. They enabled Bitcoin options in select 401(k) retirement plans. And finally launched Fidelity Crypto for retail Bitcoin, Ethereum, and Litecoin trading in 2024.
• With an Average daily trading volume of $300 million, FBTC is among the top three spot Bitcoin ETFs by volume and offers high liquidity, meaning it ensures easy entry and exit for investors.
• Compared to other Bitcoin ETFs, FBTC offers a competitive advantage with its annual fee being 0.25%.

FBTC Performance Since Launch

FBTC price has fallen by -8.39% over the last month, and its yearly performance shows a 58.41% increase. The current price of FBTC is $92.86, and one share of FBTC is 0.00087193 Bitcoin. Currently, FBTC holds around 205,801 Bitcoins, and that is 1,146.87 shares per Bitcoin. FBTC holds $23.19B worth of bitcoin, which makes it 2nd second-largest Bitcoin ETF.

Comparison With Other Bitcoin Spot ETFs

It is the in-house custody of bitcoin that sets FBTC aprt from other competitors, they dont have to rely on third party custodians hence maintaining competitive fees.

Largest FBTC Stakeholders

Fidelity Wise Origin Bitcoin Fund has 639 Institutional Holders, and they hold 50,665,457 shares. The largest Holders of FBTC as of June 30 2025 are as follows:

The list is showing data which was reported on 6/30/2025.

How To Invest In Fidelity Wise Origin Bitcoin Trust

Since SEC’s approval of spot bitcoin ETFs, Investing in bitcoin is easier than ever. Many new users are finally starting to join the game and become a part of the crypto community. ETFs has reduced the complexity of the process you dont have to manage the private keys or have to buy bitcoin your self, FBTC has convinced the investors that investing with them will yield them good returns. Spot bitcoin ETFs are available on many platforms which offer stock and options trading, retirement planning, advisory services, and automated reinvesting. FBTC is available on major broker like Fidelity, SChwab, Vanguard, Robinhood, eToto, Firstrade, or interactive Brokers.

Step By Step Guide To Investing In FBTC

• Open a Brokerage account in Robinhood, Fidelity or Vanguard or any other broker, choose the best one that suits your needs. Some brokers support fractional FBTC share which is a huge plus for someone looking for smaller investments.
• Fund your account with money, you can choose to transfer the amount via bank or any methods available.
• Find FBTC in broker platform you can look up the ticker symbol “FBTC” and verify transaction details.
• To place your order you have two options, market orders lets you purchase the stock at current market value or you can choose limit orders and buy the stock when it reaches a specific price.
• After investing it is important to monitor your investments, track the performance and setting stop-losses and take profits will be useful.

Closing Thoughts

Fidelity Wise Origin Bitcoin Fund (FBTC) is a nice alternative to gain exposure to Bitcoin. FBTC is a trusted and regulated vehicle that has inhouse custody of its assets, competitive fees, and institutional expertise making it a strong choice among Bitcoin ETFs.

Like any other investments there are risks involved in FBTC as well and it may not be the best option for someone planning a short-term gain. It is important to research thoroughly before investing and consider the risk and only invest what you can afford to lose.

This article is for educational purpose and should not be considered as financial advice. Always follow th golden rule (DYOR) Do your own research and understand that Cryptocurrency investments are highly volatile and risky. It is highly recommended to consult a financial advisor before investing.

FAQs

FBTC holds 100% bitcoin.

1143.55 FBTC shares equals approximately 1 BTC.

Significant and negative priceswing, flash crashes and cybersecurity risks

This product is for investors with a high risk tolerance and invests solely in bitcoin which is highly volatile. There is a possibility that investors could lose their entire investment.

As of October 13, 2025, FBTC fund currently hold 207,370 BTC.