FBTC Review: Fidelity Wise Origin Bitcoin Fund
Our FBTC review covers Fidelity’s Bitcoin ETF, its 0.25% fee, custody arrangements, trading costs, account differences and ...
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · CBOE
Our AI ranks Fidelity Wise Origin Bitcoin Fund outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Fidelity Wise Origin Bitcoin Fund is a large-cap company with a market capitalization of $13.99B.
For FBTC, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 9.0%, measured on 271 forecast dates between 2024-03-22 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 9.0%, measured on 314 forecast dates between 2024-03-22 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, FBTC included.
Follow FBTC free90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Commodity Contracts Brokers & Dealers peers listed below that report each metric.
| Metric | FBTC | Rank |
|---|---|---|
| Market Cap | $13.99B | – |
| P/B Ratio | 1.36x | – |
| Book Value/Share | $52.20 | – |
| Metric | FBTC | Rank |
|---|---|---|
| ROE | -91.7% | – |
| ROA | -91.6% | – |
| Metric | FBTC | Rank |
|---|---|---|
| D/E Ratio | 0.00x | – |
| Financial Leverage | 1.00x | – |
| Metric | FBTC | Rank |
|---|---|---|
| Operating Cash Flow | $1.82B | – |
| Metric | FBTC | Rank |
|---|---|---|
| Net Income | -$9.45B | – |
| Metric | FBTC | Rank |
|---|---|---|
| Shares Outstanding | 197M | – |
| Net Income Growth | -217.6% | – |
| Cash & Short-term Investments | $0.00M | 0.0% of assets |
| Total Liabilities | $12M | 0.1% of assets |
Companies classified under the same SEC industry code as Fidelity Wise Origin Bitcoin Fund (Commodity Contracts Brokers & Dealers): 2 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up freeOur FBTC review covers Fidelity’s Bitcoin ETF, its 0.25% fee, custody arrangements, trading costs, account differences and ...
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Digital asset trusts provide direct access to the spot prices of the two largest cryptocurrencies. The choice between iShares Ethereum Trust ETF(NASDAQ:ETHA) and Fidelity Wise Origin Bitcoin ...
Our AI ranks Fidelity Wise Origin Bitcoin Fund outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
For FBTC, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 9.0%, measured on 271 forecast dates between 2024-03-22 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 9.0%, measured on 314 forecast dates between 2024-03-22 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Fidelity Wise Origin Bitcoin Fund forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
2 issuers in our coverage, FBTC included, share the SEC industry code Commodity Contracts Brokers & Dealers. The largest are: Ai Financial Corp (JAN).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.
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