Fidelity Wise Origin Bitcoin Index Fund

Fidelity Wise Origin Bitcoin Fund is an exchange-traded product that provides investors with indirect exposure to the price of Bitcoin without requiring direct ownership of the cryptocurrency. Launched and managed by FD Funds Management LLC, the fund passively seeks to track the performance of the Fidelity Bitcoin Reference Rate, which measures Bitcoin's price in U.S. dollars. It holds 100% Bitcoin, with custody provided by Fidelity Digital Assets, National Association, ensuring secure storage through enterprise-grade operational, cyber, and physical controls. This structure allows seamless integration into brokerage, trust, and tax-advantaged accounts like IRAs, operating like traditional exchange-traded products with net asset value struck daily at 4 p.m. ET. Designed for investors comfortable with high volatility and concentration risk in a single digital asset, the fund facilitates easier access to Bitcoin's price movements within familiar investment frameworks, supporting Fidelity's broader digital assets ecosystem.