Fidelity FBTC

Definition ∞ Fidelity FBTC denotes the Fidelity Wise Origin Bitcoin Fund, an exchange-traded fund that holds Bitcoin directly. This product enables investors to gain exposure to Bitcoin through a familiar brokerage account structure. Its introduction signifies a notable step in institutional acceptance of digital assets.
Context ∞ The performance and asset under management of Fidelity FBTC are key indicators of institutional demand for Bitcoin exposure. News surrounding this ETF often relates to its trading volumes, inflows, and its competitive positioning against other Bitcoin-denominated investment vehicles. Future analysis will likely focus on its long-term impact on Bitcoin’s market dynamics and its role in wealth management diversification strategies.