Fidelity Advantage Bitcoin ETF Series L Trust UnitsFidelity Advantage Bitcoin ETF Series L Trust UnitsFidelity Advantage Bitcoin ETF Series L Trust Units

Fidelity Advantage Bitcoin ETF Series L Trust Units

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪991.79 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
1.4%
Shares outstanding
‪20.24 M‬
Expense ratio
0.95%

About Fidelity Advantage Bitcoin ETF Series L Trust Units


Issuer
FMR LLC
Brand
Fidelity
Home page
Inception date
Nov 30, 2021
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
BTC/CAD Exchange Rate - CAD - Benchmark Price Return
Management style
Passive
Dividend treatment
Distributes
Primary advisor
Fidelity Investments Canada ULC
ISIN
CA31580V1040
The fund provides exposure to the price of Bitcoin in exchange for Canadian dollars. As shares of the ETF are purchased, the proceeds are used to purchase bitcoin from Fidelitys selected liquidity providers. The price of bitcoin is taken from a variety of sources in order to determine a value for the ETF shares. Once purchased, the bitcoin is then stored in Fidelitys Digital Asset Services, serving as the sub-custodian. Holding bitcoin in an ETF wrapper provides a more efficient way to hold and trade the asset. However, shares of the ETF can not be redeemed for physical bitcoin. While the price of bitcoin will fluctuate 24 hours a day, trading of the ETF shares is also limited to exchange trading hours and listing requirements. Bitcoin is a part of a new an rapidly changing industry, subject to a variety of factors that are difficult to evaluate. Bitcoin has been highly volatile and may not be suited for all investors.

Classification


Asset Class
Currency
Category
Pair
Focus
Long Bitcoin, short CAD
Niche
In specie
Strategy
Vanilla
Geography
Global
Weighting scheme
Single asset
Selection criteria
Single asset

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of July 31, 2025
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows



Frequently Asked Questions


No, FBTC.U doesn't pay dividends to its holders.
FBTC.U shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Nov 30, 2021, and its management style is Passive.
FBTC.U expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
FBTC.U follows the BTC/CAD Exchange Rate - CAD - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FBTC.U invests in cash.
FBTC.U price has fallen by −1.91% over the last month, and its yearly performance shows a 81.47% increase. See more dynamics on FBTC.U price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −5.12% over the last month, have fallen by −5.12% over the last month, showed a 1.46% increase in three-month performance and has increased by 73.21% in a year.
FBTC.U trades at a premium (1.43%) meaning the ETF is trading at a higher price than the calculated NAV.