Fidelity Wise Origin Bitcoin Fund: FBTC

The Fidelity Wise Origin Bitcoin Fund manages over $22 billion in assets and has an expense ratio of around 0.25%. It is designed to provide regulated exposure to Bitcoin’s spot price with robust custody and audit standards. This ETF is favored for its alignment with Fidelity’s wider investment expertise and client base.

Fidelity Investments, based in Boston, USA, is the manager behind FBTC. It is one of the largest financial services firms globally, offering mutual funds, ETFs, retirement accounts, brokerage services, and wealth management products. Fidelity’s Bitcoin ETF benefits from the firm’s reputation, extensive distribution network, and strong institutional relationships.

Fidelity is privately owned by the Johnson family and Warwickshire Group, giving it a different ownership structure than publicly traded firms. It has a powerful presence in both retail and institutional investment markets and is increasingly integrating digital asset investment capabilities into its broad suite of financial products.

FBTC is the second-largest Bitcoin ETF by AUM and attracts large institutional investors and financial advisors seeking a trusted, regulated approach to Bitcoin investment.