Fidelity Wise Origin Bitcoin Fund

Fidelity Wise Origin Bitcoin Fund is an exchange-traded trust that holds bitcoin directly to track the performance of the Fidelity Bitcoin Reference Rate, adjusted for expenses. The trust issues common shares of beneficial interest, offering investors exposure to the digital asset market via conventional brokerage accounts without requiring direct custody, spot market purchases, or specialized technical storage. It follows a passive investment approach without employing active management strategies or digital asset derivatives. The fund serves institutional and individual investors, executing share sales and redemptions in designated blocks through authorized financial participants.

The entity is organized as a Delaware statutory trust in the United States, though the text does not identify a specific corporate headquarters location. It operates without physical retail facilities or international offices, conducting its administrative and custodial operations through institutional partners that include a Delaware trustee, a cash custodian and transfer agent, and an affiliated national trust bank.

Summary of the business section of Fidelity Wise Origin Bitcoin Fund's latest annual report, written by StockData.