Overview of FBTC Performance
The Fidelity Wise Origin Bitcoin Fund (FBTC) offers investors exposure to Bitcoin through a traditional investment vehicle. Tracking its performance helps understand both the fund's trajectory and broader cryptocurrency market trends. Over the past year, the fund has demonstrated significant growth, with a notable 75.01% increase. Year-to-date, it has returned 16.08%, and in the most recent month, it gained 3.84%.
As of the latest data, FBTC trades at $91.95 per share**. It boasts a substantial market capitalization of **$21.85 billion and an average daily trading volume of 2.17 million shares. This liquidity makes it a accessible option for many investors.
Detailed Price History Table
A thorough review of daily price movements provides crucial insights for any investment decision. Below is a recent historical snapshot of FBTC's trading activity.
| Date | Opening Price | Closing Price | Daily Change | High | Low | Volume | Market Cap |
|---|---|---|---|---|---|---|---|
| 07/01/2025 | $93.99 | $91.95 | -2.17% | $93.55 | $91.92 | 2.17M shs | $21.85 billion |
| 06/30/2025 | $93.28 | $93.99 | +0.76% | $94.17 | $93.14 | 2.38M shs | $22.33 billion |
| 06/27/2025 | $93.95 | $93.28 | -0.71% | $94.08 | $92.91 | 2.20M shs | $22.16 billion |
| 06/26/2025 | $94.13 | $93.95 | -0.19% | $94.11 | $93.10 | 1.53M shs | $21.27 billion |
| 06/25/2025 | $92.23 | $94.13 | +2.06% | $94.50 | $93.28 | 3.39M shs | $21.31 billion |
| 06/24/2025 | $90.11 | $92.23 | +2.35% | $92.85 | $91.50 | 2.97M shs | $20.88 billion |
| 06/23/2025 | $90.08 | $90.11 | +0.03% | $90.25 | $87.02 | 3.46M shs | $20.40 billion |
| 06/20/2025 | $90.63 | $90.08 | -0.61% | $92.64 | $89.34 | 2.54M shs | $20.39 billion |
| 06/19/2025 | $90.63 | $90.63 | 0.00% | $91.99 | $90.36 | 2.12M shs | $20.51 billion |
| 06/18/2025 | $91.42 | $90.63 | -0.86% | $91.99 | $90.36 | 2.12M shs | $20.51 billion |
| 06/17/2025 | $94.93 | $91.42 | -3.70% | $92.35 | $90.18 | 3.03M shs | $20.69 billion |
| 06/16/2025 | $91.79 | $94.93 | +3.42% | $95.12 | $92.96 | 1.99M shs | $21.49 billion |
This table reveals the daily volatility and price discovery inherent in a Bitcoin-linked asset. Analyzing these patterns can help identify support and resistance levels.
Key Performance Metrics Across Timeframes
Understanding returns over different periods is essential for contextualizing an investment.
- 1-Month Performance: +3.84%
- 3-Month Performance: +24.80%
- Year-to-Date Performance: +16.08%
- 1-Year Performance: +75.01%
These metrics show strong positive momentum over the medium to long term, though shorter periods exhibit the expected variability of the crypto market.
How to Analyze the FBTC Chart
Reading an exchange-traded fund (ETF) chart involves more than just tracking the price line. For a fund like FBTC, which holds Bitcoin, investors should consider several analytical approaches.
Technical Analysis: This involves studying price patterns and trading volumes to predict future movements. Look for trends, chart patterns like head and shoulders or triangles, and key indicators such as moving averages or the Relative Strength Index (RSI).
Correlation with Bitcoin: Since FBTC aims to reflect Bitcoin's performance, its chart will heavily correlate with the spot price of Bitcoin (BTC). Monitoring the BTC/USD pair can provide leading indicators for FBTC's potential direction.
Market Sentiment: News related to Bitcoin, such as regulatory developments, institutional adoption, or macroeconomic factors, can cause significant price swings in FBTC. Always cross-reference chart movements with current events.
For those looking to dive deeper into chart analysis and real-time data, you can explore advanced market analysis tools to enhance your strategy.
Factors Influencing FBTC's Price
The value of FBTC is not determined in a vacuum. Several core factors drive its performance.
- Bitcoin's Spot Price: The most direct influence. As the value of the underlying Bitcoin holdings changes, so does the Net Asset Value (NAV) of the fund.
- Supply and Demand: Investor appetite for Bitcoin exposure through a traditional brokerage account creates buying and selling pressure on FBTC itself, which can cause it to trade at a slight premium or discount to its NAV.
- Regulatory Environment: announcements from financial regulators worldwide can impact investor confidence in cryptocurrency-related products, leading to increased volatility.
- Macroeconomic Trends: Factors like inflation rates, interest rate changes, and global economic stability can influence investor interest in alternative assets like Bitcoin and, by extension, FBTC.
Frequently Asked Questions
What is the Fidelity Wise Origin Bitcoin Fund (FBTC)?
FBTC is an exchange-traded fund launched by Fidelity Investments that provides investors with a convenient way to gain exposure to the price of Bitcoin without the complexities of directly buying, storing, and safekeeping the digital currency themselves. It is designed to track the performance of Bitcoin.
How does FBTC's price correlate with Bitcoin?
FBTC's price is designed to closely track the spot price of Bitcoin. The fund physically holds Bitcoin, and its share price reflects the value of that underlying holding, minus the fund's expenses. Therefore, it generally moves in near lockstep with the broader Bitcoin market.
What are the main benefits of investing in FBTC over direct Bitcoin?
The primary benefits include ease of use within a traditional brokerage account, enhanced security (as Fidelity handles custody), tax simplicity (issued a 1099 form), and elimination of concerns about private keys, digital wallets, or blockchain transfers.
What time does FBTC stock update?
Like other U.S. exchange-traded funds, FBTC trades during regular market hours, from 9:30 AM to 4:00 PM Eastern Time. After-hours pricing is also available but with typically lower liquidity. The official daily closing price is set at the 4:00 PM ET mark.
What is the expense ratio for FBTC?
Fidelity has offered a competitive fee structure for FBTC. While expense ratios can be subject to change, it is essential to check the latest fund documentation on Fidelity's official website for the most current fee information before investing.
Can FBTC be held in a retirement account?
Yes, one of the significant advantages of FBTC is that it can be held in traditional retirement accounts like IRAs, 401(k)s (if allowed by the plan), and other tax-advantaged accounts, allowing investors to gain crypto exposure within their long-term retirement strategy.