FIDELITY PHYSICAL BITCOIN ETPFIDELITY PHYSICAL BITCOIN ETPFIDELITY PHYSICAL BITCOIN ETP

FIDELITY PHYSICAL BITCOIN ETP

No trades
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Key stats


Assets under management (AUM)
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
1.9%
Shares outstanding
Expense ratio
0.75%

About FIDELITY PHYSICAL BITCOIN ETP


Issuer
FMR LLC
Brand
Fidelity
Home page
Inception date
Feb 10, 2022
Structure
Special Purpose Vehicle
Index tracked
Fidelity Bitcoin Index - Benchmark Price Return
Replication method
Physical
Management style
Passive
ISIN
XS2434891219
The fund provides an easier way to invest in Bitcoin as compared to direct investing via cryptocurrency exchanges, digital wallets, and keys. The fund holds Bitcoin or derivatives to obtain exposure. Shares of the ETF can be bought and sold in a brokerage account through the use of the issuers own institutional-grade custodial services. The ease in access does not diminish the risk. Cryptocurrencies, such as Bitcoin, have historically demonstrated high volatility. Investors should have the capacity to lose some or all of their investments in these shares.

Classification


Asset Class
Currency
Category
Pair
Focus
Long Bitcoin, short USD
Niche
In specie
Strategy
Vanilla
Geography
Global
Weighting scheme
Single asset
Selection criteria
Single asset
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
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to FBTC via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FBTC trades at 8.500 CHF today, its price has fallen −3.52% in the past 24 hours. Track more dynamics on FBTC price chart.
FBTC net asset value is 8.34 today — it's risen 8.75% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FBTC price has risen by 8.47% over the last month, and its yearly performance shows a 35.76% increase. See more dynamics on FBTC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 8.75% over the last month, showed a 9.19% increase in three-month performance and has increased by 32.27% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FBTC expense ratio is 0.75%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FBTC isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FBTC technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FBTC shows the strong buy signal. See more of FBTC technicals for a more comprehensive analysis.
No, FBTC doesn't pay dividends to its holders.
FBTC trades at a premium (1.94%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FBTC shares are issued by FMR LLC
FBTC follows the Fidelity Bitcoin Index - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 10, 2022.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.