(FBTC) Fidelity Wise Origin - Overview

Exchange: BATS • Country: USA • Currency: USD • Type: Etf • ISIN: US3159481098

Etf: Bitcoin, Index, Shares

Total Rating 30
Risk 60
Buy Signal -0.82
Risk 5d forecast
Volatility 85.6%
Relative Tail Risk -2.79%
Reward TTM
Sharpe Ratio -0.53
Alpha -43.18
Character TTM
Beta 1.011
Beta Downside 0.659
Drawdowns 3y
Max DD 49.33%
CAGR/Max DD 0.45

Description: FBTC Fidelity Wise Origin December 17, 2025

The Fidelity Wise Origin Bitcoin Trust (BATS: FBTC) tracks a proprietary index that aggregates price feeds from eligible spot Bitcoin markets using a volume-weighted median price (VWMP) calculated every 15 seconds over rolling 60-minute windows. The trust holds Bitcoin directly, values its shares daily at 4:00 p.m. EST using the same VWMP methodology, and stores all assets with a qualified custodian.

Key market metrics that influence FBTC’s performance include Bitcoin’s 30-day realized volatility (≈ 2.5 % ± 0.5 % as of the latest data), the network’s hash-rate growth rate (≈ 5 % YoY, indicating miner confidence), and the sector-wide inflow of institutional capital, which has risen to roughly $30 bn in the past six months. Regulatory developments-such as the SEC’s evolving stance on crypto ETFs-and macro-level monetary policy (e.g., Fed rate outlook) are primary drivers of Bitcoin’s price dynamics and thus of FBTC’s NAV.

For a deeper quantitative breakdown, consider reviewing the analytics available on ValueRay.

What is the price of FBTC shares?

As of February 10, 2026, the stock is trading at USD 61.61 with a total of 8,478,252 shares traded.
Over the past week, the price has changed by -9.26%, over one month by -21.61%, over three months by -33.35% and over the past year by -27.58%.

Is FBTC a buy, sell or hold?

Fidelity Wise Origin has no consensus analysts rating.

What are the forecasts/targets for the FBTC price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 58.5 -5%

FBTC Fundamental Data Overview February 04, 2026

Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 16.08b USD (16.08b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 16.08b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 16.08b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 9.64% (E(16.08b)/V(16.08b) * Re(9.64%) + (debt-free company))
Discount Rate = 9.64% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for FBTC ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle