Fidelity Advantage Bitcoin ETF (FBTC)
Spot Bitcoin ETF listed on the Toronto Stock Exchange – physically-backed direct exposure to Bitcoin from Fidelity Investments Canada.
Key Facts
| Issuer | Fidelity Investments Canada |
|---|---|
| Ticker | FBTC (TSX – Toronto Stock Exchange) |
| Expense Ratio | 0.39% (management fee) |
| Approx. AUM | $1.1B CAD |
| Custodian | Fidelity Digital Asset Services / Coinbase Custody (cold storage) |
| Inception | November 30, 2021 |
| Official Site | Fidelity FBTC Page |
Composition / Holdings
FBTC is 100% physically-backed spot Bitcoin (no derivatives or futures).
| Asset | Percentage | Description |
|---|---|---|
| Bitcoin (BTC) | 100% | Physically-backed spot Bitcoin held in cold storage by Fidelity Digital Asset Services / Coinbase Custody |
No leverage, futures, or other assets. Direct 1:1 exposure to Bitcoin price (less fees).
Net Inflows & Outflows
Historical daily/weekly net flows showing investor demand for FBTC in Canada.
Performance Overview
NAV tracking and returns vs. Bitcoin spot price (historical).
ESG & Sustainability Metrics
Estimated ESG ratings and carbon footprint (where applicable for crypto ETFs).
Pros
- Physically-backed spot Bitcoin with institutional-grade custody
- Low expense ratio (0.39%) among Canadian spot BTC ETFs
- Direct 1:1 exposure to Bitcoin price (no derivatives)
- Backed by Fidelity's global reputation and strong brand
Cons
- Full exposure to Bitcoin price volatility
- No direct Bitcoin ownership or withdrawal option
- CAD denominated (currency risk for non-CAD investors)
- Smaller AUM than BTCC (slightly lower liquidity)
How to Buy FBTC
Available on major Canadian brokers (e.g., Wealthsimple, Questrade, RBC Direct Investing, TD Direct Investing, etc.). Search ticker FBTC.
Not financial advice. Investments in crypto ETFs involve high risk, including potential loss of principal. Data approximate and subject to change; always verify with official sources.