Fidelity Bitcoin Fund Holds 167K+ BTC in Q2 2024
Ticker: FBTC · Form: 10-Q · Filed: 2024-08-09T00:00:00.000Z
Sentiment: neutral
Topics: bitcoin, cryptocurrency, fund-holdings, quarterly-report
TL;DR
Fidelity Wise Origin Bitcoin Fund holds 167,462 BTC as of 6/30/24. Net assets reported.
AI Summary
Fidelity Wise Origin Bitcoin Fund reported its Q2 2024 results as of June 30, 2024. The fund held 167,462.80769789 Bitcoin, valued at fair value. The fund's total net assets were also reported as of June 30, 2024. Fidelity Wise Origin Bitcoin Fund is incorporated in Delaware and its fiscal year ends on December 31.
Why It Matters
This filing provides insight into the holdings of a major Bitcoin fund, reflecting its scale and valuation as of mid-2024.
Risk Assessment
Risk Level: medium — The fund's value is directly tied to the volatile price of Bitcoin, making it inherently risky.
Key Numbers
- 167,462.80769789 — Bitcoin Quantity (Total Bitcoin held by the fund as of June 30, 2024.)
- 2024-06-30 — Reporting Date (The date as of which the fund's financial information is reported.)
Key Players & Entities
- Fidelity Wise Origin Bitcoin Fund (company) — Filer of the 10-Q report
- 167,462.80769789 (dollar_amount) — Global Bitcoin Quantity held as of 2024-06-30
- 2024-06-30 (date) — Reporting period end date
- 2024-08-09 (date) — Filing date
- 2023-12-31 (date) — Previous fiscal year end
FAQ
What was the total quantity of Bitcoin held by the Fidelity Wise Origin Bitcoin Fund as of June 30, 2024?
As of June 30, 2024, the fund held 167,462.80769789 Bitcoin.
What is the reporting period for this 10-Q filing?
The reporting period is for the quarter ended June 30, 2024.
When was this 10-Q filing submitted to the SEC?
The filing was submitted on August 9, 2024.
What is the fiscal year end for the Fidelity Wise Origin Bitcoin Fund?
The fiscal year end for the fund is December 31.
What is the primary investment of the Fidelity Wise Origin Bitcoin Fund?
The fund's primary investment is in Bitcoin, valued at fair value.
From the Filing
0000950170-24-094562.txt : 20240809 0000950170-24-094562.hdr.sgml : 20240809 20240809141937 ACCESSION NUMBER: 0000950170-24-094562 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 38 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240809 DATE AS OF CHANGE: 20240809 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Fidelity Wise Origin Bitcoin Fund CENTRAL INDEX KEY: 0001852317 STANDARD INDUSTRIAL CLASSIFICATION: [6221] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 866606379 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-41904 FILM NUMBER: 241191941 BUSINESS ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: (617)-392-2211 MAIL ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 FORMER COMPANY: FORMER CONFORMED NAME: Wise Origin Bitcoin Trust DATE OF NAME CHANGE: 20210319 10-Q 1 ck0001852317-20240630.htm 10-Q 10-Q 2024 --12-31 Q2 false 0001852317 http://www.fidelity.com/20240630#BitcoinMember http://www.fidelity.com/20240630#BitcoinMember 0001852317 2024-01-09 0001852317 2024-06-30 0001852317 Investment in bitcoin, at Fair Value Global Bitcoin Quantity of Bitcoin 167,462.80769789 2024-06-30 0001852317 2024-08-05 0001852317 2024-01-01 2024-06-30 0001852317 us-gaap:FairValueInputsLevel3Member ck0001852317:InvestmentInBitcoinMember 2024-06-30 0001852317 ck0001852317:InvestmentInBitcoinMember 2024-06-30 0001852317 us-gaap:FairValueInputsLevel2Member 2024-06-30 0001852317 us-gaap:FairValueInputsLevel1Member ck0001852317:InvestmentInBitcoinMember 2024-06-30 0001852317 us-gaap:FairValueInputsLevel1Member 2024-06-30 0001852317 2024-03-31 0001852317 2024-01-10 0001852317 Investment in bitcoin, at Fair Value Global Total Net Assets 2024-06-30 0001852317 us-gaap:FairValueInputsLevel2Member ck0001852317:InvestmentInBitcoinMember 2024-06-30 0001852317 us-gaap:FairValueInputsLevel3Member 2024-06-30 0001852317 2023-12-31 0001852317 Investment in bitcoin, at Fair Value Global Total Investment in bitcoin, at Fair Value 2024-06-30 0001852317 2024-01-11 2024-06-30 0001852317 2024-01-09 2024-01-09 0001852317 2023-11-30 2023-11-30 0001852317 2024-04-01 2024-06-30 iso4217:USD xbrli:shares xbrli:pure xbrli:shares iso4217:USD     UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549   FORM 10-Q   (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________________ to _________________ Commission File Number: 001-41904   Fidelity ® Wise Origin ® Bitcoin Fund (Exact Name of Registrant as Specified in its Charter)     Delaware 86-6606379 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 245 Summer Street V13E Boston , MA 02210 (Address of principal executive offices) (Zip Code)   Registrant’s telephone number, including area code: ( 800 ) 343-3548   Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Fidelity® Wise Origin® Bitcoin Fund Shares   FBTC   Cboe BZX Exchange, Inc   Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) du