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Fidelity Wise Origin Bitcoin Fund (FBTC)

Fidelity Wise Origin Bitcoin Fund CBOE

$71.08 -1.270 (-1.76%)
Latest Price
AI Analyst Consensus
Buy
75 / 100
The Fidelity Wise Origin Bitcoin Fund (FBTC) is a digital asset ETF offering direct exposure to bitcoin's price, passively managed by holding bitcoin in custody. It is designed for investors seeking a regulated vehicle for bitcoin exposure within traditional brokerage accounts. The fund's strategy focuses on tracking bitcoin's performance, making it a key instrument for accessing the digital asset market through conventional platforms. Recent trading activity shows the fund is above its longer-term moving averages, suggesting a sustained upward trend, although it is currently trading below its short-term 20-day EMA.

FBTC at a glance

Fidelity Wise Origin Bitcoin Fund (FBTC): Buy, 75/100 on CleaRank's AI score.

  • Trend Up: the price is above both its 50- and 200-day moving averages ($67.13 and $64.26).
  • Fund Expense ratio 0.25%, $15.5B in net assets, -26.8% total return over 1 year.

As of October 15, 2026, Fidelity Wise Origin Bitcoin Fund (FBTC) trades at $71.08. The 14-day RSI (daily closes) is 51, in neutral territory, and the price is above its 50-day simple moving average of $67.13.

Figures as of October 15, 2026.

Only on CleaRank

Figures we compute ourselves from FBTC's own price history. Tap one to see it in context.

FBTC Price Analysis

Market Metrics

Open
$71.81
Day Range
$70.79 to $72.22
Prev Close
$72.35
Volume
3.01M
52-Week Range
$50.48 to $101.31

FBTC Fund Facts

Fidelity Wise Origin Bitcoin Fund is a digital asset exchange-traded fund designed to provide investors with direct exposure to the price of bitcoin through a familiar brokerage structure. The fund is passively managed and seeks to track bitcoin’s performance by holding bitcoin in custody with Fidelity Digital Assets, rather than using futures contracts. It is intended for investors who want a regulated vehicle for bitcoin exposure within traditional market accounts.

Issuer
Fidelity Investments
Category
Digital Assets
Inception
Jan 10, 2024
Expense ratio
0.25%
Net assets
$15.45B
NAV
$71.61
Distribution yield
0.00%
YTD return
-4.33%
Turnover
0.00%

Trailing total returns

Period FBTC
YTD -4.33%
1 month 5.83%
3 months 42.80%
1 year -26.80%

As of Oct 15, 2026, FBTC has an expense ratio of 0.25%, $15.45B in net assets and a distribution yield of 0.00%.

Fund reference data as of Oct 15, 2026. Expense ratio and net assets are reported by the fund; returns are total returns and can differ from price change.

FBTC Analysis

AI Analyst Consensus Score Buy
FBTC is trading above its 50-day simple moving average of $67.13 and its 200-day simple moving average of $64.26, indicating a generally positive trend. However, the price is currently below its 20-day exponential moving average of $71.60. The 14-day RSI is at 51.11, which is considered neutral momentum. The Stochastic indicator at 20.70 suggests the fund is in a healthy range territory, while the CCI at -107.86 indicates bearish short-term momentum. Volume on the latest day was 3,010,100, which is 13.4% above the average volume.
Market Outlook
The outlook for FBTC is closely tied to the performance of bitcoin and the broader digital asset market. With the fund trading above key long-term moving averages, the technical picture suggests a generally positive trend. However, the current position below the 20-day EMA indicates short-term headwinds. Continued institutional adoption and positive regulatory developments could drive bitcoin's price higher, benefiting FBTC. Key factors to monitor include bitcoin's price action relative to its own support and resistance levels, as well as any significant shifts in market sentiment or regulatory landscapes. A sustained move above the 20-day EMA would strengthen the bullish case, while a break below the 50-day SMA could signal a trend reversal.

Market Correlations

How this etf moves relative to other assets

Based on 1 year of daily price data. Correlations may vary over different time periods.

S&P 500 (SPY) +0.44
Moderate correlation
Nasdaq 100 (QQQ) +0.46
Moderate correlation
Bitcoin (BTC) +0.94
Strong correlation
Gold (XAU) +0.24
Weak correlation

As of October 15, 2026, FBTC's 1-year correlation of daily returns is +0.44 with S&P 500 (SPY), +0.46 with Nasdaq 100 (QQQ), +0.94 with Bitcoin (BTC) and +0.24 with gold (XAU).

Check Custom Correlation

How does any other asset move with FBTC? One year of daily closes, Pearson correlation.

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Key Statistics

Net Assets 15.45B
Expense Ratio 0.2500%
Yield 0.00%
Day High $72.22
Day Low $70.79
52 Week High 101.31
52 Week Low 50.48
As a digital asset ETF, FBTC's performance is directly tied to the price of bitcoin. The fund is managed by Fidelity Investments, a major player in traditional finance, and holds bitcoin in custody with Fidelity Digital Assets, emphasizing a regulated approach to digital asset investment. The fund's expense ratio is 0.25%, costing $25.00 per $10,000 invested. With net assets of $15.45 billion, FBTC is a significant player in the spot bitcoin ETF market. The fund's strategy is passive, aiming to mirror bitcoin's price movements without employing futures contracts, which can introduce different risk profiles.

Fund Performance Analysis

Its performance is dictated by the price movements of bitcoin. The underlying asset, bitcoin, is subject to market sentiment, macroeconomic factors, and adoption trends. The performance of its underlying asset is influenced by the broader digital asset ecosystem, including developments in blockchain technology and regulatory news.

Key Risks

The primary risk for FBTC is the inherent volatility of bitcoin. As a digital asset, bitcoin is subject to significant price swings driven by market sentiment, regulatory developments, and macroeconomic conditions. Concentration risk is also a factor, as the fund's performance is entirely dependent on a single asset. While the fund is passively managed and holds bitcoin directly, investors should be aware of the potential for substantial drawdowns, as indicated by its 1-year trailing return of -26.80%.

Technical Indicators i

RSI (14-day) 51.11
MACD (12, 26) 1.22
SMA (50-day) 67.13
SMA (200-day) 64.26
Technical Rating Bullish
RSI
Neutral
SMA Cross
Bullish
Price vs SMA
Bullish
MACD
Bullish
Golden Cross in effect with the 50-day SMA ($67.13) above the 200-day SMA ($64.26), price action is firmly bullish above key moving averages.

As of October 15, 2026, with FBTC at $71.08, its 14-day RSI is 51.1 (neutral territory), its 50-day simple moving average is $67.13 and its 200-day is $64.26.

Calculated by CleaRank on daily closes as of October 15, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26).

FBTC Trade Plans

Specific entry, exit, and risk management levels

Select Your Trade Bias
Risk Tolerance
Conservative 2% Aggressive
Portfolio Value
$
Position Size: Enter portfolio size →

Long entry pick an entry style

Conservative
$69.66
2% below current price (Pullback entry)
Lower risk, wait for pullback
Aggressive
$71.08
Buy at current price
Higher risk, immediate entry

Risk Management

STOP LOSS
$67.14
MAX LOSS
-3.6%
Volatility-Adjusted Stop Loss
Calculated based on RSI (51.1) and current market volatility

Profit Targets (Based on Conservative Entry)

TARGET 1
$73.14
+5% (Conservative)
+2.9% (Aggressive)
TARGET 2
$76.62
+10% (Conservative)
+7.8% (Aggressive)
TARGET 3
$80.11
+15% (Conservative)
+12.7% (Aggressive)

These levels come from FBTC's moving averages and recent volatility, not from a forecast. Educational levels, not financial advice; the full disclaimer is at the foot of the page.

Growth of $10,000

A $10,000 investment in FBTC in January 2024 would be worth about $17,387 today, compared with about $16,156 for the same investment in the S&P 500 benchmark.

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FBTC Drawdowns & Recovery

Worst fall, last 3 years
-51.0%
October 2025 to June 2026
Recovery
Not yet
still 33.0% below the October 2025 peak
From the 3-year high
-35.1%
highest close, October 2025

As of October 15, 2026, FBTC's worst peak-to-trough fall over the last 3 years was -51.0% (October 2025 to June 2026); it is still 33.0% below that peak.

From weekly closing values. A drawdown is the fall from the highest value reached so far to a later low.

Monte Carlo Projection (10yr)

CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in FBTC today could grow to about $24,618 by 2036 in the base case, with a 90th-percentile outcome near $177,088 and a 10th-percentile outcome around $3,422. Projections are statistical simulations, not guarantees.

FBTC 2030 Scenarios (Monte Carlo)

CleaRank's simulation projects a price near $102 for FBTC by 2030 in the base case, from $71.08 today (1.4x over 4 years). The 10th-percentile path ends near $29.26. These are outcomes of a Monte Carlo simulation run on FBTC's historical return distribution, not price targets, and they assume no dividends are reinvested.

FBTC simulated price paths by year
Year 10th percentile Base case 90th percentile
2027 $41.68 $77.78 $145
2028 $35.22 $85.11 $206
2029 $31.60 $93.14 $274
2030 $29.26 $102 $355
2031 $27.63 $112 $450

Method: a lognormal simulation of FBTC's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles.

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Frequently Asked Questions

What is the expense ratio for the Fidelity Wise Origin Bitcoin Fund (FBTC) and what does it cost per $10,000 invested?
The Fidelity Wise Origin Bitcoin Fund (FBTC) has an expense ratio of 0.25%. This translates to a cost of $25.00 for every $10,000 invested in the fund.
What does the Fidelity Wise Origin Bitcoin Fund (FBTC) hold and which sectors is it concentrated in?
The Fidelity Wise Origin Bitcoin Fund (FBTC) is a digital asset ETF that holds bitcoin directly in custody. Its asset allocation is 100.00% in 'others', reflecting its singular focus on bitcoin.
What are the key growth and momentum indicators for FBTC?
FBTC shows neutral momentum with a 14-day RSI of 51.1. While trading above its 50-day and 200-day moving averages ($67.13 and $64.26), it is below its 20-day EMA. The Stochastic indicator is approaching oversold territory, suggesting potential for a short-term rebound.
What is FBTC's biggest drop in the last 3 years?
Fidelity Wise Origin Bitcoin Fund (FBTC)'s worst peak-to-trough fall over the last 3 years was -51.0%, from October 2025 to June 2026. It has not regained that peak yet and is still 33.0% below it.
How closely does FBTC move with the stock market?
Over the past year FBTC's daily returns were moderately correlated with the S&P 500 (SPY) (+0.44). Nasdaq 100 (QQQ): +0.46; Bitcoin (BTC): +0.94; Gold (XAU): +0.24. A figure near +1 means the two usually move together; near 0 means little relationship.
What does CleaRank's simulation show for FBTC in 2030?
CleaRank's Monte Carlo simulation, built from FBTC's own historical volatility, puts the 2030 base case near $101.92, with 10th and 90th percentile outcomes of $29.26 and $355.00. It is a range of simulated outcomes, not a price target.
How volatile is FBTC?
FBTC's daily price moves average 2.41% (30-day standard deviation of daily returns). Over the past 52 weeks it traded between $50.48 and $101.31.

Disclaimer: CleaRank.com is a financial data and analytics provider, not a registered investment advisor, broker-dealer, or financial regulatory body. The ETF analysis and AI-generated insights presented for FBTC are for educational and informational purposes only and do not constitute financial advice, investment recommendations, or an offer to buy or sell any securities. ETFs are subject to market risk, including the possible loss of principal. ETF performance depends on the underlying index or assets it tracks, and past performance does not guarantee future results. Expense ratios, tracking error, and liquidity vary by fund. All trade setups and performance metrics shown are hypothetical, hindsight-based, and simulated. Market data is provided "as-is" and may be delayed by 15 minutes or more. Investors should read the fund prospectus carefully before investing. Consult a qualified financial advisor for personalized guidance. Analysis generated on October 15, 2026.

Disclaimer:

Engaging in financial markets carries significant risk of total capital loss. Markets are volatile, unpredictable, and past success does not guarantee future results. Never invest funds you cannot afford to lose. CleaRank does not offer financial, investment, or advisory services. We provide no recommendations, endorsements, or guarantees regarding market outcomes. You alone are responsible for your decisions.

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