Fidelity Bitcoin Fund Files 424I Prospectus Update

TL;DR

**Fidelity Bitcoin Fund just updated its prospectus, watch for fee or term changes.**

AI Summary

Fidelity Wise Origin Bitcoin Fund (CIK: 0001852317) filed a 424I on March 26, 2026, which is a prospectus supplement related to their registration statement (File No.: 333-287548). This filing indicates the fund is actively managing its offering, likely updating terms or fees for its Bitcoin ETF. For investors, this matters because any changes could impact the fund's performance, expense ratios, or overall attractiveness as a vehicle for Bitcoin exposure, directly affecting their potential returns or investment strategy.

Why It Matters

This filing signals ongoing adjustments to the Fidelity Wise Origin Bitcoin Fund's offering, which could affect its operational costs or investment terms, directly impacting shareholder value.

Risk Assessment

Risk Level: medium — Changes in a prospectus, especially for a crypto-related fund, can introduce new risks or alter existing ones, impacting investment outcomes.

Analyst Insight

Investors should review the full 424I document once available to understand any specific changes to the fund's terms, fees, or risk factors, as these could impact their investment thesis for FBTC.

Key Numbers

• 0001852317 — CIK (Unique identifier for Fidelity Wise Origin Bitcoin Fund)
• 2026-03-26 — Filing Date (Date the 424I was filed and accepted)
• 333-287548 — File No. (Registration statement number associated with this filing)
• 424I — Form Type (Indicates a prospectus supplement)

Key Players & Entities

• Fidelity Wise Origin Bitcoin Fund (company) — the filer of the 424I
• 0001852317 (company) — the CIK of the filer
• 2026-03-26 (date) — the filing and acceptance date
• 333-287548 (dollar_amount) — the File No. for the registration statement

Forward-Looking Statements

• Fidelity Wise Origin Bitcoin Fund will likely announce specific changes to its prospectus, such as fee adjustments or updated risk disclosures, within the next few weeks. (Fidelity Wise Origin Bitcoin Fund) — medium confidence, target: 2026-04-30

FAQ

Key Financial Figures

• $10,575,494,220 — fiscal year pursuant to Rule 456(d): $10,575,494,220 (ii) Aggregate price of securities re
• $0 — ered non-variable annuity securities: $0 (iv) Total available redemption credi
• $407,713,678 — [subtract Item 5(iv) from Item 5(i)]: $407,713,678 (vi) Redemption credits available for
• $56,305.26 — ltiply Item 5(v) by Item 5(vii)]: = $56,305.26 6. Credit for Previously Paid Registr

Filing Documents

• 2026FBTC424i.htm (424I) — 53KB
• EX-FILINGFEES.htm (EX-FILING FEES) — 17KB
• 0001852317-26-000004.txt ( ) — 193KB
• EX-FILINGFEES_htm.xml (XML) — 5KB

From the Filing

Filed Pursuant to Rule 424(i) Registration No. 333-287548 PROSPECTUS SUPPLEMENT PURSUANT TO RULE 424(i) FOR FISCAL YEAR ENDING DECEMBER 31, 2025 (to Prospectus dated July 31, 2025) Fidelity Wise Origin Bitcoin Fund (the “Fund”) Calculation of Registration Fees Pursuant to Rule 457(u) This prospectus supplement, filed pursuant to Rule 424(i) of the Securities Act of 1933, as amended (the “Securities Act”), sets forth the registration fee due under Rule 456(d) of the Securities Act for the fiscal year ended December 31, 2025. The calculation of the registration fee is included in an exhibit hereto. Exhibit 107 Calculation of Registration Fees Pursuant to Rule 457(u) 1. Name and address of issuer: Fidelity Wise Origin Bitcoin Fund c/o FD Funds Management LLC 245 Summer Street V13E Boston, MA 02210 2. The name of securities: Shares of beneficial interest 3. Securities Act File Number: 333-287548 4. Last day of fiscal year for which this prospectus is filed: December 31, 2025 5. Calculation of registration fee: (i) Aggregate sale price of securities sold during the fiscal year pursuant to Rule 456(d): $10,575,494,220 (ii) Aggregate price of securities redeemed or repurchased during the fiscal year: $(10,167,780,542) (iii) Aggregate redemption or repurchase price of securities redeemed or repurchased during a prior fiscal year that were not used previously to reduce registration fees payable to the Commission, if the prior fiscal year ended no earlier than August 1, 2021 in the case of exchange traded vehicle securities, or September 23, 2024 in the case of registered non-variable annuity securities: $0 (iv) Total available redemption credits [add Items 5(ii) and 5(iii)]: $(10,167,780,542) (v) Net sales - if Item 5(i) is greater than Item 5(iv) [subtract Item 5(iv) from Item 5(i)]: $407,713,678 (vi) Redemption credits available for use in future years - if Item 5(i) is less than Item 5(iv) [subtract Item 5(iv) from Item 5(i)]: $(0) (vii) Multiplier for determining registration fee: X 0.0001381 (viii) Registration fee due [multiply Item 5(v) by Item 5(vii)]: = $56,305.26 6. Credit for Previously Paid Registration Fees (i) Filing Fee Previously Paid In Connection with Unsold Securities to be Carried Forward $0 (ii) Previously paid registration fee credits available for use in future years - if Item 6(i) is greater than Item 5(viii) [subtract 5(viii) from 6(i)]: $0 7. Interest due pursuant to Rule 456(d)(5) - if this supplement is being filed more than 90 days after the end of the issuer’s fiscal year: + $0 8. Total of the amount of the registration fee due plus any interest due: = $56,305.26

View Full Filing

View this 424I filing on SEC EDGAR