Average Daily Volume
4.43M
Fund Overview
FBTC is an exchange-traded fund (ETF) that provides investors with exposure to Bitcoin, the leading cryptocurrency by market capitalization. The fund aims to track the performance of Bitcoin by holding the cryptocurrency directly, offering a convenient and regulated way for investors to gain Bitcoin exposure without the complexities of managing private keys or dealing with cryptocurrency exchanges. FBTC is designed for both institutional and retail investors seeking to diversify their portfolios with digital assets while benefiting from the security and transparency of an ETF structure. The fund is managed by a reputable financial institution with expertise in digital assets, ensuring compliance with regulatory standards and providing a secure investment vehicle for Bitcoin exposure.
- Asset Class
-
Currency
- Industry
-
Cryptocurrency
- Annual Dividend Rate
-
- Smart Beta
-
No
- Leveraged / Inverse
-
N/A / No
- Dividend Quality - Yield
-
- N/A
- Currency Hedged
-
No
- Portfolio Turnover
-
N/A
- Dividend Date
-
Why Invest in the FBTC ETF?
Potential Benefits
- Provides direct exposure to Bitcoin without the need for investors to handle private keys or use cryptocurrency exchanges.
- Offers a regulated and secure investment vehicle for gaining Bitcoin exposure, reducing counterparty risks associated with unregulated platforms.
- Enables portfolio diversification with digital assets, which have shown low correlation to traditional asset classes like stocks and bonds.
- Simplifies tax reporting compared to holding Bitcoin directly, as the ETF structure provides standardized tax documentation.
Potential Risks
- Bitcoin is highly volatile, and the fund's value can experience significant fluctuations in short periods.
- Regulatory changes or crackdowns on cryptocurrencies could negatively impact the fund's performance.
- The fund's performance depends on the security of Bitcoin's underlying blockchain and the custodian's ability to safeguard assets.
- Competition from other Bitcoin ETFs or investment products could affect the fund's market share and liquidity.
RSI data unavailable or insufficient history.
Monthly Returns (%)
| Year |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
| 2026 |
-4.2%
|
-21.7%
|
+3.3%
|
+12.7%
|
-4.0%
|
-20.1%
|
+7.2%
|
+25.4%
|
+5.9%
|
+2.5%
|
-
|
-
|
| 2025 |
+8.7%
|
-17.1%
|
-2.1%
|
+14.2%
|
+11.2%
|
+2.9%
|
+8.4%
|
-7.3%
|
+5.7%
|
-4.1%
|
-17.4%
|
-3.6%
|
| 2024 |
-
|
+45.9%
|
+14.2%
|
-16.7%
|
+14.4%
|
-11.3%
|
+8.8%
|
-10.2%
|
+8.4%
|
+10.0%
|
+39.0%
|
-3.9%
|
< -5%
-5% to -2%
-2% to 0%
0%
0% to +2%
+2% to +5%
> +5%
Top Holdings (by weight)
| Symbol |
Company Name |
Weight |
No holdings data available.
Related ETFs: FBTC vs Peers
Comparison highlights key differences on cost, coverage, and focus within sector ETFs.
Investment Strategy
FBTC aims to track the performance of Bitcoin by holding the cryptocurrency directly. The fund does not employ leverage or derivatives, instead focusing on physical replication to provide accurate exposure to Bitcoin's price movements. The fund's custodian stores Bitcoin in secure, offline cold storage to mitigate hacking risks. FBTC's holdings are rebalanced as needed to reflect changes in Bitcoin's circulating supply and to accommodate inflows and outflows from investors. The fund's straightforward approach makes it a transparent option for Bitcoin exposure.
Frequently Asked Questions
Does FBTC hold physical Bitcoin?
Yes, FBTC holds physical Bitcoin directly, stored in secure offline custody to ensure safety and compliance.
How does FBTC differ from Bitcoin futures ETFs?
FBTC holds actual Bitcoin, while futures-based ETFs invest in Bitcoin futures contracts, which can introduce roll costs and tracking errors over time.
What are the tax implications of investing in FBTC?
FBTC is treated as a security for tax purposes, simplifying reporting compared to holding Bitcoin directly, which may involve more complex capital gains calculations.
Is FBTC suitable for long-term investors?
FBTC can be a viable option for long-term investors seeking Bitcoin exposure, but its suitability depends on individual risk tolerance and investment goals, given Bitcoin's volatility.
Industry Overview
FBTC operates within the rapidly evolving cryptocurrency investment space, specifically targeting Bitcoin, the most widely recognized and adopted digital asset. Bitcoin has gained traction as a store of value and hedge against inflation, attracting interest from both institutional and retail investors. The ETF structure of FBTC provides a regulated and accessible way to invest in Bitcoin, bridging the gap between traditional finance and the digital asset ecosystem. As the cryptocurrency market matures, products like FBTC are becoming increasingly important for investors seeking exposure to this emerging asset class.
Alternative Comparison
Compared to other Bitcoin ETFs like IBIT and BITB, FBTC offers a competitive expense ratio, making it an attractive option for cost-conscious investors. Unlike some competitors that may use futures contracts or other derivatives, FBTC holds physical Bitcoin, providing direct exposure to the cryptocurrency's price. Additionally, FBTC's issuer has a strong reputation in the digital asset space, which may appeal to investors prioritizing security and regulatory compliance. While ARKB and BTCO also offer physical Bitcoin exposure, FBTC distinguishes itself with its streamlined structure and focus on accessibility.
Issuer Overview
FBTC is issued by a well-established financial institution with a strong track record in asset management and digital asset innovation. The issuer has invested heavily in secure custody solutions and regulatory compliance, ensuring that FBTC meets the highest standards for investor protection. With expertise in both traditional finance and blockchain technology, the issuer is well-positioned to manage the complexities of a Bitcoin ETF.
Conclusion
FBTC provides a convenient and regulated way for investors to gain exposure to Bitcoin, combining the benefits of an ETF structure with direct ownership of the cryptocurrency. With its competitive fees, secure custody solutions, and transparent investment approach, FBTC is well-suited for both institutional and retail investors looking to diversify their portfolios with digital assets. However, potential investors should be aware of Bitcoin's inherent volatility and the regulatory risks associated with cryptocurrency investments.
Boost Your Returns with SectorSurfer
Award-winning investment strategy automation