Fidelity Wise Origin Bitcoin FundFidelity Wise Origin Bitcoin FundFidelity Wise Origin Bitcoin Fund

Fidelity Wise Origin Bitcoin Fund

No trades
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Key stats

Assets under management (AUM)
‪10.60 B‬USD
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
0.3%

About Fidelity Wise Origin Bitcoin Fund

Issuer
FMR LLC
Brand
Fidelity
Inception date
Jan 11, 2024
Index tracked
Fidelity Bitcoin Reference Rate - Benchmark Price Return
Management style
Passive
ISIN
US3159481098
FBTC aims to track the price of bitcoin, less trust expenses and liabilities. It intends to provide accessibility to bitcoin without the complexities of acquiring, holding, and trading directly through a digital asset platform. Holdings are valued daily based on the Fidelity Bitcoin Reference Rate, using bitcoin price feeds from eligible bitcoin spot markets and a volume-weighted median price methodology. The index aggregates the trade flow of several bitcoin platforms during an observation window, focusing on relevant transactions, as defined by the index provider. This serves as a once-a-day benchmark rate of bitcoins USD price. The fund will not utilize leverage. Tax consequences to shareholders is unclear. If treatment is similar to other physical precious metal ETFs, shares are taxed at the higher rate of collectibles. The fund may also sell bitcoin in order to pay trust expenses. As a result, this may be reflected as a return of capital and an income expense.

Classification

Asset Class
Currency
Category
Pair
Focus
Long Bitcoin, short USD
Niche
In specie
Strategy
Vanilla
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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