Fidelity Wise Origin Bitcoin Fund — Investor Relations & Filings

Fidelity Wise Origin Bitcoin Fund (FBTC) is an exchange-traded product (ETP) designed to provide investors with exposure to the price of bitcoin. The fund's investment objective is to track the performance of bitcoin, as measured by the Fidelity Bitcoin Reference Rate, adjusted for the trust's expenses. FBTC directly holds bitcoin as its underlying asset, with custody provided by Fidelity Digital Assets. This structure allows investors to gain exposure to the digital asset through traditional brokerage accounts without the complexities of direct purchase or self-custody. The fund is intended for investors with a high tolerance for risk due to the inherent volatility of bitcoin. FBTC is not registered under the Investment Company Act of 1940, and its shareholders do not have the protections associated with registered investment companies.