Fidelity Wise Origin Bitcoin Fund (FBTC) is a publicly traded company in the Financial Services sector, operating within the Asset Management - Cryptocurrency industry.
FBTC has IPO date of 2024-01-11, listed on the Chicago Board Option, a market capitalization of $17.29B.
Fidelity Wise Origin Bitcoin Fund (FBTC) is a bitcoin investment trust that holds bitcoin as its primary asset and seeks to provide investors with exposure to bitcoin price movements. The fund constructs its valuation using bitcoin price data from eligible spot markets through a volume-weighted median price methodology, calculated every 15 seconds based on rolling 60-minute increments. Share valuations are determined daily at 4:00 p.m. EST using the same methodology, ensuring consistent and transparent pricing. All bitcoin holdings are securely maintained by an independent custodian, providing institutional-grade asset safeguarding for fund investors.
