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Fidelity Wise Origin Bitcoin Fund

Fidelity Wise Origin Bitcoin Fund (FBTC) is a US spot Bitcoin exchange-traded fund that holds bitcoin and tracks its price, managed by Fidelity.

Known aliases

  • Fidelity FBTC

Current stories

investConfirmed7 publishers

Bitcoin's squeeze high stopped $409 short of the average ETF buyer's cost

Forced closures of bearish bets, counted at $648 million by Crypto Briefing and above $600 million by CoinGlass, carried bitcoin to its highest price since January. Glassnode puts the US spot ETF cohort's average entry at $85,638.

Perspective Coverage

8 publishers
Builder
Builder 6%
Operator
Operator 14%
Investor
Investor 80%

Reality

Evidence62
Adoption40
Hype gap+30
Incentives55
Confidence60
investConfirmed3 publishers

Short covering supplied 39% of the buying that took Bitcoin to $87,395

US spot Bitcoin ETFs took in $998.95 million on September 21, the year's biggest single day, and another $648 million of buying came from short sellers being liquidated in a market still about 30% below its October 2025 high.

Perspective Coverage

3 publishers
Builder
Builder 5%
Operator
Operator 15%
Investor
Investor 80%

Reality

Evidence62
Adoption40
Hype gap+30
Incentives
Insufficient
Confidence58